[lbo-talk] Bernanke again

Charles Brown cbrown at michiganlegal.org
Mon Oct 31 14:56:40 PST 2005


Marta Russell :

-clip-

Alan Greenspan made some other mistakes that have cost the American people dearly, and others that have yet to come home to roost. After initially warning of "irrational exuberance" in the stock market in December 1996, he reversed himself and allowed the stock market bubble to inflate to unsustainable levels. Millions of Americans lost much of their retirement savings in the ensuing, predictable crash.

^^^^ CB: Don't sound like Greenspan was good for us. Sounds like he was good for them.

Who found the money that millions of Americans lost ?



More information about the lbo-talk mailing list