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Greenspin.....

sparky

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GreenspanĀ’s Explanation Of What Caused The Financial Crisis Is Garbage


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




James K. Galbraith: Oh Please
 

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