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    Thursday, October 23, 2008 at 7:08 PM
    7:08PM

    « Feigning Surpise at US Credit Crash? »

    DateThursday, October 23, 2008 at 07:08PM

     

    WASHINGTON (Reuters) - Former Federal Reserve Chairman Alan Greenspan told Congress on Thursday he is “shocked” at the breakdown in U.S. credit markets and said he was “partially” wrong to resist regulation of some securities.

    Greenspan shocked at credit system breakdown | U.S. | Reuters

     

     

     

    How can someone as smart as good old Alan be shocked? What’s to become of the rest of us who don’t have near as many braincells?

     

     

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