Sunday, September 9, 2007

Alan "Bubbles" Greenspan Becomes the "I Didn't Do It" Kid

After 20 years of bailing out excessive and speculation, Alan Greenspan is now saying that there is "no way to confront bubbles".

You know, when an organization like the Federal Reserve bails out intemperate professional investors, it encourages unwise risk taking and bubbles.

That would be you.

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