You don't have to be an economist to recognize that Alan Greenspan is disingenuous in his continued insistence, most recently in the Financial Times on Aug. 5, that the housing bubble and ensuing credit crunch were the product of impersonal and inevitable market forces, and that weak regulation played no role.
Greenspan in denial
Greenspan in denial
Greenspan in denial
You don't have to be an economist to recognize that Alan Greenspan is disingenuous in his continued insistence, most recently in the Financial Times on Aug. 5, that the housing bubble and ensuing credit crunch were the product of impersonal and inevitable market forces, and that weak regulation played no role.