[ncalburt]

Was Greens pan misquoted again by the Dem party operatives at AP?
I stopped believe these quotes after the Dem Media misquoted the guy twice !

Bearns group was stupid enough to get hooked up with the
Carlye group !

[Obadiah]

No, Greenspan was not misquoted as it was an article he wrote for the Financial Times (Drudge has a link). Greenspan’s thesis is that rating agencies are to blame for not properly valuing market risk. While this is certainly true, again, Greenspan fails to point out that it was on his watch that he left the 1% punchbowl out waay too long that created a feeding frenzy environment which led to the current mortgage crisis.