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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (40624)10/4/2008 6:01:43 PM
From: smolejv@gmx.net  Read Replies (1) of 217774
 
Hi TJ:

You will love this article in today's business pages in SZ (SZ is the largest non-yellow daily in Germany at app 460.000 numbers printed)

sueddeutsche.de

Ex-Fed-Chef Alan Greenspan is the bad guy these days,
The quarrel about the sphinx

Alan Greenspan is considered to be among those responsible for the financial crisis - he is now defending his policies as the Fed president.
....

Easy money policies

"Greenspan's easy money policy caused the speculation bubble, his talk made people feel like nothing serious could happen", states Hedge fonds Manager William Fleckenstein.

"He was wrong and the public is paying for it now" Fleckenstein published a book in january titled "Greenspan's bubbles - the age of ignorance at the Federal Reserve"....

Bill still wears his hair long and has the same bright grin - unfortunately the on-line article does not show his picture.

Regards to all

DJ
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