10 Oct
Greenspan? Rapidly approaching status of “bad joke” in my mind.
According to a New York Times article about Greenspan and his policies today, Greenspan is defending his stance on derivatives (he was pro-derivatives) by saying the whole imploding economy is because of people acting in bad faith in the markets, but the deregulated derivatives approach was somehow still “right.”
Mr. Greenspan is apparently living in a [...]
