Alan Greenspan acknowledged Thursday that U.S. regulators had failed to grasp the magnitude of the financial crisis, but the former Federal Reserve chairman argued that low interest rates were not to blame.
Greenspan offers a mixed mea culpaCourtesy Economic news - CNNMoney.com Thu, 03/18/2010 - 16:05
Alan Greenspan acknowledged Thursday that U.S. regulators had failed to grasp the magnitude of the financial crisis, but the former Federal Reserve chairman argued that low interest rates were not to blame. Related itemsGreenspan: Government can't prevent crisis
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