[screaminsunshine]

He is SHOCKED! SHOCKED! Gambling was going on there. HAHAHAHA!! My laugh of the day.

[Shermy]

“He is SHOCKED! SHOCKED! Gambling was going on there. HAHAHAHA!! My laugh of the day.”

He will blame himself even before giving consideration to his cherished cult-like belief that in his “free” market has secret controls whereby traders, company officials, etc. don’t act in their self-interest to maximize their salaries, bonuses and benefits. It’s a libertarian delusion.

Not only has he always been wrong, he sounds like a complete idiot here. He cannot come to grips that his imaginary fantasy world of “free” market finance has all sorts of assumptions that mandate controls.

[Arizona Carolyn]

Let's see... for months Greenspan kept saying the housing bubble is going to burst, repeating it over and over until it became a self-fulfilling prophecy, and he was up to his eyebrows in the laws that led to the loose lending standards in the first place....

Greenspan needs to exit stage left and stay silent..