Greenspan’s Mea Culpa (Coverage Roundup)

by Erin McCune on October 24, 2008

in Current Events

Yesterday Greenspan seemed to admit he was wrong, or rather that the world wasn't behaving as he anticipated it would and that his anti-regulation, free-market ideology has a "flaw." He told a House committee Thursday that the banking and housing crisis is a "once-in-a-century credit tsunami."

Greenspan getty images  
[Photo courtesty of Getty Images, via WSJ]

Here's a transcript of the testimony and others at the Hearing page on the Oversight & Government Reform committee website.

Here's a round up of coverage on Greenspan's testimony:

 

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