I’m Shocked, Shocked…
“Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity, myself included, are in a state of shocked disbelief.” So said a somber-faced (but he always looks that way) Alan Greenspan as he testified before the House Committee on Oversight and Government Reform. Remind you of anyone? Now I’m not suggesting that the former Fed...
October 24, 2008