Open Thread: Greenspan's Follies

Sunday, July 27, 2008 | 06:30 PM

Our earlier look at Age of Turbulence as well as the criticism by Gramlich and Poole created a lot of very interesting comments. You folks (obviously) have some things to say about this.

Here's our Sunday night challenge: How much blame does Alan Greenspan deserve for all of the current mess we are in? What percentage of responsibility lay at his feet?

I weighed in on this when Greenspan retired 30 months ago (Myths of the Greenspan Era) -- but since then, a lot more evidence has come to the fore.

I want details: Specifically, what bad policy decisions, miscalculations, ideological foibles, and just outright poor judgment did Greenspan show over the course of 18 and a half years as Fed chair?

~~~

What Say Ye?

Sunday, July 27, 2008 | 06:30 PM | Permalink | Comments (60) | TrackBack (0)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post

bn-image

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c52a953ef00e553d8edd28834

Listed below are links to weblogs that reference Open Thread: Greenspan's Follies:

Comments

Greenspan made money cheap. Investors thought they could do better. New instuments, new ways of laying fees to up the return and pad the exercise. Should have he know how innovative WS could have become. I think not.

Lax lending led us down this road. Period. Greed led us down this road. Period.

Posted by: OnSideRestorationSucks | Jul 27, 2008 6:48:09 PM

The comments to this entry are closed.



Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Archives

Complete Archives List

Blogroll

Blogroll

Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:


Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites

FeedBurner


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo

Disclaimer

Disclaimer

Odds & Ends

Site by Moxie Design Studios™

FeedBurner