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To: AllansAlias who wrote (34884)3/20/2001 11:10:10 AM
From: jambo-bwana  Read Replies (1) | Respond to of 35685
 
I agree with the sentiments that Bill Gross expressed.

I think that this wave of attacking Greenspan is ludicrous. He warned for a long while that we were in the process of creating a bubble starting with his "irrational exuberance" speech. He said it repeatedly in other speeches including his Humphrey-Hawkins testimony and it was ignored for the most part.

I think that much of this attempt to find a scape-goat is not dissimilar to the inclination that we have to refuse to accept responsibility for our own decisions in other facets of life.