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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.11-0.3%3:59 PM EST
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To: RetiredNow who wrote (55078)9/7/2001 4:26:58 PM
From: SouthFloridaGuy  Read Replies (2) of 77397
 
That's where you people don't get it. Greenspan's fault did not lie in imploding the bubble - by it's very nature - bubbles eventually implode through free-market forces...but rather, it was under his watch that a bubble was created since 1995.

The credit bubble was the greatest ever created, and like the Japanese, we do not know what skeletons lie under the closet of corporate America as they have hid their unprofitability through accounting tricks, stock buybacks, and the like.
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