Town Hall Meeting

23 Oct 2008

Greenspan “Shocked” to See Banks Were Gambling

Filed under: — Al @ 9:51 am

Alan Greenspan, who led the Federal Reserve for 18 years and pushed through the Gramm-Leach-Bliley Act that led to the expansion of banks into the brokerage, insurance, and investment banking businesses.

According to his testimony to Congress today, Greenspan was “shocked, shocked” that he was wrong to believe “banks in operating in their self-interest would be sufficient to protect their shareholders and the equity in their institutions.” Suuure, we believe you Greenspan, just as we all believed Captain Renault in the film Casablanca.

Captain Renault is just as shocked as Alan Greenspan

No Responses to “Greenspan “Shocked” to See Banks Were Gambling”

  1. ferragamo jelly flats price in singapore Says:

    Incredible points. Solid arguments. Keep up the good work.

  2. telefono de salvatore ferragamo en bogota Says:

    My family all the time say that I am wasting my time here at web, but I know I am getting knowledge everyday by reading such pleasant content.

  3. salvatore ferragamo stores canada Says:

    Hi, this weekend is nice for me, because this time i am reading this enormous informative paragraph here at my residence.

  4. salvatore ferragamo my joy ballet flats Says:

    Thanks for some other excellent post. The place else may anybody get that type of info in such a perfect way of writing? I’ve a presentation subsequent week, and I am at the search for such info.

  5. ferragamo loafers nero Says:

    Hurrah! In the end I got a webpage from where I know how to actually obtain helpful data regarding my study and knowledge.

  6. ferragamo jelly malaysia Says:

    I truly love your blog.. Very nice colors & theme. Did you develop this amazing site yourself? Please reply back as I’m planning to create my own blog and want to learn where you got this from or exactly what the theme is named. Cheers!

  7. salvatore ferragamo bifold wallet Says:

    My partner and I stumbled over here by a different page and thought I might check things out. I like what I see so i am just following you. Look forward to going over your web page repeatedly.

  8. replica ferragamo shoes Says:

    If some one wants to be updated with hottest technologies then he must be visit this web page and be up to date all the time.

  9. did rickstarr ferragamo win the florida lotto Says:

    Hello mates, pleasant piece of writing and nice arguments commented at this place, I am actually enjoying by these.

  10. ferragamo inside Says:

    I really like what you guys are usually up too. This type of clever work and exposure! Keep up the very good works guys I’ve included you guys to my personal blogroll.

  11. ferragamo shoes deluxemall Says:

    Yesterday, while I was at work, my sister stole my iphone and tested to see if it can survive a 40 foot drop, just so she can be a youtube sensation. My apple ipad is now broken and she has 83 views. I know this is totally off topic but I had to share it with someone!

  12. opinie o perfumach salvatore ferragamo Says:

    Pretty! This was an incredibly wonderful post. Thank you for supplying this info.

  13. f by ferragamo for men Says:

    Simply want to say your article is as astonishing. The clarity in your post is just cool and that i could suppose you are knowledgeable in this subject. Fine along with your permission let me to take hold of your RSS feed to keep updated with drawing close post. Thank you 1,000,000 and please continue the enjoyable work.

  14. ferragamo parfum herren Says:

    Thanks for the auspicious writeup. It if truth be told used to be a enjoyment account it. Look complicated to more brought agreeable from you! By the way, how could we be in contact?

  15. ferragamo retail india Says:

    Pretty! This has been a really wonderful post. Thanks for providing these details.

  16. ferragamo outlet store wrentham Says:

    Excellent post but I was wondering if you could write a litte more on this subject? I’d be very grateful if you could elaborate a little bit further. Kudos!

Leave a Reply

NOTE: You can use these HTML tags in your comment: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

ALSO NOTE: A live preview of your comment should appear below the "submit comment" button

Headlines
Democracy Now!
January 22, 2021

Powered by WordPress