Alan Greenspan on the Global Financial Crisis

Former Federal Reserve Chief Alan Greenspan spoke at the New York office of the Council on Foreign Relations on October 15, highlighting the major factors that led to the greatest financial crisis since the Great Depression and discussing what to expect in its aftermath. Greenspan addressed key economic issues including financing the United States' growing budget deficit, the recent decline of the U.S. dollar, how to regulate financial institutions that are "too big to fail," and the economic implications of the pending U.S. healthcare reform bill.

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• Economics

[josiahdallas]

as much to blame as well. END THE FED

[hamletundone]

leveraged 50 to 1 and they wonder if it's risky...filthy fascists..end the fed

[EuroKaiser]

It is not a breakdown once every 100 years; some senior economist could tell what was going to happen beforehand. There should be more regulation to safe keep the entire system from a collapse.

[user392000]

He is just as confused as anyone else, if not more.