It is or course an act. He knows what’s coming, and he knows what it will do to his “legacy.” He’s belatedly trying to “get out in front” to minimize the damage. Indeed, I think I read somewhere that he wrote a paper on how credit and housing could be utilized to drive consumer spending. If I find it (assuming it’s true) I’ll be sure to forward it to you—GGG
Friday, September 21, 2007
Now, clearly, out of control
"The man is now clearly out of control, perhaps headed for some kind of subprime meltdown of his own - former Fed chief Alan Greenspan makes some even more astonishing remarks in this story from Reuters."
Pls put it up so the rest of us can read. TNX