Comments on: It’s never too late to blame Greenspan http://blogs.reuters.com/davos/2009/01/29/its-never-too-late-to-blame-greenspan/ World Economic Forum Tue, 31 Mar 2015 00:35:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: kreoth http://blogs.reuters.com/davos/2009/01/29/its-never-too-late-to-blame-greenspan/#comment-15932 Sat, 31 Jan 2009 22:25:19 +0000 http://blogs.reuters.com/davos/?p=248#comment-15932 Greenspan is at the center of the financial collapse by, as has been pointed out, actively preventing regulation but also by fostering obfuscation, let us not forget how the esoteric geniuses at LTCM almost blew up the global financial system in 1998 while playing with exotic derivatives, before being bailed out by dear Alan.

I am utterly fascinated by this arrogant little man, who even after his own mess had spectacularly hit the fan shows up in Congress to admit being “partially wrong”.

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By: Anonymous http://blogs.reuters.com/davos/2009/01/29/its-never-too-late-to-blame-greenspan/#comment-15908 Fri, 30 Jan 2009 06:13:20 +0000 http://blogs.reuters.com/davos/?p=248#comment-15908 Davos 2009 Conference Shows The World At An Economic Crossroads……
http://wcgfairfield.blogspot.com/2009/01  /davos-2009-conference-shows-world-at.h tml

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By: torgo2009 http://blogs.reuters.com/davos/2009/01/29/its-never-too-late-to-blame-greenspan/#comment-15886 Thu, 29 Jan 2009 17:57:33 +0000 http://blogs.reuters.com/davos/?p=248#comment-15886 I do not believe there are enough adjectives in existence to describe the incredible damage one man, Alan Greenspan, has caused the US. He printed money like a mad man, kept interest rates artificially low for far too long (giving rise to the housing bubble and the credit bubble) and he was totally opposed to regulating the derivatives markets saying the banks could monitor themselves.
In addition he argued everyone should get an adjustable rate mortgage, which many pople did.
In short everything the man did while head of the FR was destructive to our country and to capitalism. He was at one time a brilliant man but checked his brilliance at the door when he became head man of the FR.
Mr. Greenspan committed Financial Treason.

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