Alan Greenspan at FCIC Hearing

Alan Greenspan at FCIC Hearing

Formerly legendary former Federal Reserve Chairman Alan Greenspan testified before the Financial Crisis Inquiry Commission on Wednesday.

The crisis? It wasn’t him and nobody saw it coming.

Free Market Fundamentalists take note: Mr. Greenspan has reversed his career-long position and now favors meaningful financial services regulation.

 

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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One Response to “Alan Greenspan at FCIC Hearing”

  1. Mike Licht Says:

    UPDATE:

    More coverage on the Greenspan testimony —

    “If any single person is most responsible for the financial crisis, it’s Alan Greenspan.”
    Robert Reich (U.S Secretary of Labor, 1993 — 1997).

    “Greenspan’s Fed Didn’t Focus on Enforcement,” Marian Wang, Pro Publica.

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