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Waxman to Greenspan: Were You Wrong?

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Uploaded by on Oct 23, 2008

(Part 1 of 2 of Chairman Waxman's questioning of Alan Greenspan)

Today, the Oversight Committee held a hearing titled, The Financial Crisis and the Role of Federal Regulators." The hearing examined the roles and responsibilities of federal regulators in the current financial crisis.

Testifying:
Alan Greenspan, former Chairman, Federal Reserve
John Snow, former Secretary of the Treasury
Christopher Cox, Chairman, Securities and Exchange Commission

For more information about the hearing visit:
http://oversight.house.gov/story.asp?ID=2256

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  • Nancy, please repost this with good sound..... I'd like to get off on this some more, but this is like watching a blurry porno.

  • sound on this is terrible

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All Comments (11)

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  • If he had still been running the show in 2008 we could have been destroyed. I never thought I'd say these words 3 years ago but thank god Hank Paulson was in charge of the situation because he saved our asses. BIG TIME.

  • I hate Alan Greenspan with a burning passion

  • We have exterminated the property owners in Russia. We are going to do the same thing in Europe and America."

    (The Jew, December 1925, Zinobit)

    Read this book for free on internet,,jews have prepare blood shed,suffering and destruction for you.

    Who Is Esau-Edom...Who Is Esau-Edom..

  • It was fine the first day it came out.Then the audio was altere after that.Strange.

  • Sounds like a skipping CD. I can't understand a word that is being said.

    Can you please re-upload this?

    The look on his face alone almost tells the story. The false philosophy of laissez-faire capitalism that he believed in for decades exploded in his face.

  • Greenspan had no way of knowing that C-wide (the largest lender up until last year) was not applying borrowers payments to their accounts. Why the f- is Greenspan testifying and not Angelo?? Or Bush? Or Bernanke? Or the CEO's of Exxon and Shell?

  • Greenspan had no way of predicTing that gas prices would jump from $2.50 to $4.50 therefor f-ing all of our livlihoods and our COL & Greenspan had no way of predicting that Bush would threaten to veto every housing bill Congress attempted to push through.

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