Wednesday, April 07, 2010

Greenspan Testifies To Financial Crisis Commission, Blames Fannie, Freddie For Subprime Crisis (LIVEBLOG, VIDEO)


Greenspan is in CYA mode, pointing fingers in all directions. The bottom line is the economic system that he and his buddy Milton Friedman advocated for was a fraud. These guys made their fortune telling rich and powerful people exactly what they wanted to hear to the detriment of the rest of the US, and arguably global, population.
Read the Article at HuffingtonPost

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