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How It Went Wrong--And How to Make It Right

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Linked by RedLight ( track member | ignore member ) - April 22, 09:25AM from (www.forbes.com)

Alan Greenspan is actively defending his record as Federal Reserve chairman, especially for the years between 2000 and 2005. He has given several in-depth interviews to the Wall Street Journal and penned a piece for the Financial Times, "The Fed is Blameless on the Property Bubble." That a man once dubbed "the Maestro" would be so astir is understandable--Greenspan's reputation has been falling almost as fast as the value of subprime mortgages.

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