October 23rd, 2008
Oversight Committee Asks Greenspan for Answers
Congress had a heavyweight line-up of testimony today as the House heard from Alan Greenspan and the Senate heard from Neel Kashkari, the bailout’s interim pay master (his official title is Interim Assistant Secretary for Financial Stability).
Greenspan’s prepared statement spoke of his feeling of ”shocked disbelief” regarding the country’s financial crisis. Interestingly enough, many people blame him for helping the economy get there.
Here are some interesting […]
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