Alan Greenspan: "I'm shocked"
October 23, 2008
March 3, 2005
The billionaire's best friend
Alan Greenspan, the "monetary policy genius" who was in charge of the Federal Reserve Bank for over twenty years,
justifies his anti-social policies in 2005...and expresses his shock and surprise at their outcome in 2008.
The man is a straight up liar.
He was Fed Chairman during the Savings and Loan scandal. He saw nearly a trillion dollar loss to the US banking system thanks to deregulation of the real estate lending industry.
He knows fully well that banks can't be trusted to lend without oversight.
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