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 -