Alan Greenspan tells Congress that he is shocked, just shocked (got that, shocked!) that banks wouldn't protect their shareholders and equity. More here.
Photograph by Doug Mills/The New York Times
Alan Greenspan tells Congress that he is shocked, just shocked (got that, shocked!) that banks wouldn't protect their shareholders and equity. More here.
1 comment:
Who knew that the 'free' in 'free-market economy' was short for freefalling?
Poor Greenspan. Can't help but wonder if he took a similar approach to the Wall Street guys with their hope that they'd all be rich and retired by the time this house of cards went foom.
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