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5 posts tagged with economy and banks. (View popular tags)
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Today, while
testifying for only the second time on Capitol Hill since the financial crisis began, [former Fed chairman] Alan Greenspan said the Fed closely monitored the subprime market [...]
"I was right 70% of the time, but I was wrong 30% of the time, and there were an awful lot of mistakes in 21 years...". But
Greenspan's defense of his record today
rang hollow to many
seasoned observers, if not
downright deceitful.
posted by HP LaserJet P10006
on Apr 7, 2010 -
44 comments
Frank Capra meets Collateralized Debt Obligations:
The idea is simple: If enough people who have money in one of the big four banks move it into smaller, more local, more traditional community banks, then collectively we, the people, will have taken a big step toward re-rigging the financial system so it becomes again the productive, stable engine for growth it's meant to be. It's neither Left nor Right -- it's populism at its best.
Move your money.
posted by Anything
on Dec 31, 2009 -
70 comments
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