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Thread: Alan Greenspan Shocked Over Credit Tsunami

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    Administrator funyoo's Avatar
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    Default Alan Greenspan Shocked Over Credit Tsunami







    Oct 23, 2008

    WASHINGTON (Reuters) - Former Federal Reserve Chairman Alan Greenspan told Congress on Thursday he is "shocked" at the breakdown in U.S. credit markets and said he was "partially" wrong to resist regulation of some securities.

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    It just a demonstration that even Greenspan, of the man alive that more knows about Economy, knows everything. It’s very plausible Greenpanīs announcement, only the experts admits that they donīt know.
    Pamela Richards
    Designer
    Frankfurt

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