Friday, October 24, 2008

I made a mistake

Alan Greenspan, the former Federal Reserve chairman, said on Thursday “I made a mistake in presuming that the self-interest of organisations, specifically banks and others, was such that they were best capable of protecting their own shareholders”.

Read more on Greenspan Concedes Error on Regulation,  Milton Friedman admits entire life was a lie and Alan the Penitent 

 

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