Despite Serial Screw-ups, Allan Greenspan Still Thinks He's Right

Allan Greenspan attended Ayn Rand's funeral.

http://paxonbothhouses.blogspot.com/2012/04/ayn-rand-atheist-cornerstone-of-tea.html

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Steven Pearlstein in The Washington Post: "What we find, however, is that Greenspan's journey of discovery brings him right back to where he began -- to an unshakable faith in free markets...Those who have followed his career know that it was Greenspan who gave the green light to bank consolidation, Greenspan who pushed financial deregulation, Greenspan who advocated new global rules that would have reduced bank capital reserves and Greenspan who blocked efforts to crack down on abusive subprime lending. But if you are looking for him to accept any responsibility for the crisis that ensued, you will be sorely disappointed...Like Fred Astaire on the dance floor, Greenspan glides through the list without the slightest sign he might have had something to do with those developments."