Back to Financial News
Reply
Saturday, March 20, 2010 - 6:08 AM

Greenspan & Bernanke still don't get it [The Buzz]

The Buzz at CNNMoney provides some insightful commentary on Greenspan and Bernanke after Greenspan presented a 48-page paper at the Brookings Institution Friday called "The Crisis" which examines the factors that caused the global financial crisis. Here's an excerpt from the commentary that I think many here can appreciate:
While the Fed under Greenspan and Bernanke has shown its willingness to react quickly when it needs to lower rates, it hasn't done so when higher rates are justified.
1
KenBDGKenBDG5,132 posts since
Nov 29, 2009
Rep Points: 116,909
Reply