Friday, October 10, 2008

Classic Greenspan quote

Alan Greenspan, 2004:
Not only have individual financial institutions become less vulnerable to shocks from underlying risk factors, but also the financial system as a whole has become more resilient.


  1. Boy, he was so wrong! Mr. Greenspan deserves quite a lot of blame for this financial meltdown.

  2. Greenspan is in the same league as the author of the DOW 36000 book. Maybe Greenspan can now work for the same employer of this author. And who may that be? It is the McCain campaign. And yes I am being deadbeat serious.

    If Greenspan had any honor, he should jump out of a skyscraper window, a la 1929 Depression style.