Greenspan says Mea Culpa, but Paulson denies Guilt »

Posted By baub123 1 year, 1 month ago in News

The former chairman of the Federal Reserve Board Allan Greenspan was once considered an “ infallible maestro” , according to the NYT in its report dated October 23, 2008. To his credit, during a hearing before members of the House Committee of Government Oversight and Reform, he admitted that he “ made a mistake” in believing that free markets could run safely without government oversight.

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When ever you stand for a reason, be prepared to stand alone like a tree. And if u fall on the ground, fall as a ...

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