Greenspin.....

Discussion in 'Economy' started by sparky, Mar 25, 2010.

  1. sparky
    Offline

    sparky VIP Member

    Joined:
    Oct 19, 2008
    Messages:
    3,327
    Thanks Received:
    324
    Trophy Points:
    83
    Location:
    paradise
    Ratings:
    +341
    Greenspan’s Explanation Of What Caused The Financial Crisis Is Garbage


    In 66 pages, Mr. Greenspan fails to use the word “responsibility” even once. The word “blame” does not appear. The word “mistake” occurs once; financial firms made them. The word “failure” appears 14 times. None of them are self-referential. To have expected the phrase “mea culpa” would of course be asking too much




    James K. Galbraith: Oh Please
     

Share This Page