TITLE

TechSpin: Tarnish on the Greenspan Halo

AUTHOR(S)
Dreyfuss, Joel
PUB. DATE
September 2008
SOURCE
Red Herring;9/16/2008, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the Wall Street meltdown has affected former U.S. Federal Reserve Chairman Alan Greenspan's reputation. According to Greenspan's editorial piece in the December 2008 issue of the "Wall Street Journal," his easy money policy had little to with the growing credit problems. Economist Joseph Stiglitz thinks that both the financial institutions and regulators are responsible for the current meltdown. He points out that Lehman Brothers' bankruptcy reflects a lack of trust in the industry.
ACCESSION #
36646750

 

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