Are my friend’s right about the Wall Street mess being Greenspan’s fault?
June 28th, 2010 | 
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A couple I know say the Wall Street mess is a result of “Greenspan raising interest rates 16 times in 2 years” and not sub prime preadtory lending. Her brother is a realator, which is my suspicion of this slant. Greenspan was the Fed chairman for a long time and very respected, so there has to be 2 sides to this story……why did he raise interest rates so many times? Aren’t these problems intertwined?
Are my friend’s right about the Wall Street mess being Greenspan’s fault?
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