Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (70603)	10/17/2008 3:10:56 AM
From: Snowshoe	1 Recommendation Respond to of 74559

>>I have always found it quite hideous to see pile on behaviour, scape-goating, bullying, mindless mob attack etc. I find myself inclined to take the part of the attacked rather than the attackers.<< Good point. Greenspan was just the maestro.

To: Maurice Winn who wrote (70603)	10/23/2008 1:40:04 PM
From: Snowshoe	1 Recommendation Read Replies (1) \| Respond to of 74559

Greenspan: I Was Wrong on Deregulation Thursday, October 23, 2008 12:37 PM Former U.S. Federal Reserve Chairman Alan Greenspan told Congress on Thursday he is "shocked" at the breakdown in U.S. credit markets and said he was "partially" wrong to resist regulation of some securities. Despite concerns he had in 2005 that risks were being underestimated by investors, "this crisis, however, has turned out to be much broader than anything I could have imagined," Greenspan said in remarks prepared for delivery to the House of Representatives Committee on Oversight and Government Reform. "Those of us who have looked to the self-interest of lending institutions to protect shareholder's equity (myself especially) are in a state of shocked disbelief," said Greenspan, who stepped down from the Fed in 2006. More: moneynews.newsmax.com