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8 Jun 2009, 6:57 am
[SCOTUSblog] * Do you remember Alan Greenspan? [read post]
2 Jun 2009, 9:12 am by velvel
True, government functionaries like Robert Rubin, Lawrence Summers and Alan Greenspan participated in causing the disaster, but Rubin and Greenspan were in reality from business (and, in Greenspan’s case, from the insane nation of Ayn Randism) and Summers might as well have been from Wall Street given who he apparently buddied around with and who he later joined. [read post]
28 May 2009, 12:29 pm
Climatologists and financial modellers share more than we might think, or like. [read post]
21 May 2009, 9:14 am
Alan Greenspan, the former Fed chairman, was a bit more circumspect. [read post]
18 May 2009, 9:57 am
Particularly irksome are calls by Alan Greenspan, the Federal Reserve chairman, to shrink Fannie Mae and Freddie Mac, the quasi-government institutions that buy huge numbers of mortgages from financial institutions, notably from Countrywide. [read post]
18 May 2009, 12:23 am
As Frank Partnoy has said, History already has shown that [Alan] Greenspan was wrong about virtually everything, and Brooksley was right . . . [read post]
15 May 2009, 5:50 am
This article explains that champion of deregulation Judge Richard Posner blames himself, among others such as Alan Greenspan, for the current economic crisis. [read post]
4 May 2009, 6:59 am
Because these foolish home buyers relied on their realtors, their loan officers, banks, and Alan Greenspan, they deserve what they get. [read post]
2 May 2009, 7:51 am
Former Federal Reserve Chairman Alan Greenspan said Thursday that increasing skilled foreign workers in the U.S. could mollify housing-price declines that have caused 'the plunge in the value of the vast quantity of U.S. mortgage-based securities.' For the full story... [read post]
26 Apr 2009, 7:46 am
The actual realities below the surface may actually look much different.The so-called "housing crisis", for example, is a case in point.As Man Friday, Peter Robinson reports at Forbes.com in The Housing Crisis Isn't A Crisis on George Mason law prof Todd Zywicki and his forthcoming book Bankruptcy Law and Policy in the Twenty-First Century (Yale University Press, 2009) in which he suggests that there are three distinct housing markets and only one of these is actually in distress, in… [read post]
8 Apr 2009, 5:33 am
Alan Greenspan's pronouncements in favor of unregulated financial markets are well known. [read post]
7 Apr 2009, 6:00 pm
" "Alan Greenspan (Chairman of the Federal Reserve from 1987 to 2006) expressed 'shocked disbelief' following the September 2008 financial crisis. [read post]
30 Mar 2009, 12:43 am
Even former Federal Reserve Chairman Alan Greenspan recently promoted the idea that "It may be necessary to temporarily nationalize some banks in order to facilitate a swift and orderly restructuring. [read post]
25 Mar 2009, 4:37 am
In an article titled Prophet and Loss, Rick Schmitt, accompanied by the photography of Erika Larsen, tells the story of Stanford Law School grad Brooksley Born, who was "named to head the Commodity Futures Trading Commisssion in 1996", and who at that time already warned then Federal Reserve chairman Alan Greenspan of the coming disaster, and tried to implement regulations, only to be told that Greenspan did not believe in laws against fraud in the economic… [read post]
19 Mar 2009, 3:48 pm
Rather than assert the people's prerogative to demand investment that builds a better future for us all, our putatively progressive Treasury Department contorts itself to resist the "nationalization" label--even as conservatarians like Lindsey Graham and Alan Greenspan consider it. [read post]
17 Mar 2009, 3:56 pm
. * * * Alan Greenspan recently admitted that he had made a “mistake” in believing that banks, operating in their own self-interest, would never create such a poisonous economy that they would themselves collapse. [read post]
17 Mar 2009, 5:00 am
  No less than the former head of the the Federal Reserve Board, Alan Greenspan, has all but confessed that the Delaware approach is entirely misguided. [read post]
17 Mar 2009, 4:40 am
 In the past, former Fed Chairman Alan (I used to be a Capitalist) Greenspan (an apropos name for today) used to lower the Fed funds rate a quarter point, wring his hands, mumble something  unintelligible  about keeping an eye on inflation, and the economy would come roaring back. [read post]
12 Mar 2009, 12:17 am
Alan Greenspan has now famously admitted that he was in a state of "shocked disbelief" about the meltdown of the financial markets: "I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms. [read post]