SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Greenspan, Rubin & Co - the Most Irresponsible Team Ever??
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lucretius who wrote (16)1/14/1999 4:48:00 PM
From: Cynic 2005  Read Replies (2) of 309
 
Michael Belkin
On Alan Greenspan: "Greenspan has made the Federal Reserve and U.S. financial markets the laughingstock of financial history. His legacy is an absurd credit bubble that even Sakikibara of the Japanese MOF and Financial Times commentators criticize. Bailing out Meriwether, Mexico, Brazil, etc. by expanding credit every time there is a hint of a crisis is directly responsible for stock market giddiness and dollar/yen weakness.

"Greenspan and Rubin will go down in history as the Abbott and Costello of American financial history - the irresponsible charlatans who let the party get so out of control that America blew its life savings on a stock market bubble right before the economy and markets went into the biggest post-WW2 economic contraction."
---------
I couldn't have said that better myself. Stole this from Clark on the Asia Forum: #reply-7263150
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News