Posts Tagged ‘suspicion’
Are my friend's right about the Wall Street mess being Greenspan's fault?
December 26th, 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?
Posted in Stock News | 
Tags: brother, fed chairman, interest rates, suspicion, wall street | 
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Are my friend’s right about the Wall Street mess being Greenspan’s fault?
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?