[AndyJackson]

The NASDAQ crash was due to other factors than Greenspan opening the spigots. Bubbles grow from unrestrained greed, loss of common sense, incompetence and fraud. I worked the telecom sector and we saw plenty of bad business models being funded

Bad investments happen in good times and bad times. Bandwagons always get going. It is human nature. To turn that into a sustained bubble requires lots of cash and credit. That is where Greenspan came in to help out.

[misterrob]

NASDAQ was a sort lived run up. Took a year to ramp up then blow apart.