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Greenspan backs nationalization

Submitted by In between on Wed, 02/18/2009 - 10:33
in

http://www.ft.com/cms/s/e310cbf6-fd4e-11dd-a103-000077b07658,dwp_uuid=c5...

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I saw your headline. didn't believe it.

Submitted by RisingTide on Wed, 02/18/2009 - 11:12.

had to go read.

Thank you for the linkie!

He reluctantly backs

Submitted by gs on Wed, 02/18/2009 - 12:57.

He reluctantly backs temporary nationalization.

Among the decisionmakers who created the current mess, Greenspan is the only one I know of with the integrity to admit he was wrong.  The rest of them are worthless or worse.

I hope he keeps speaking out.

Amazing...

Submitted by Paleo-Skeptic on Wed, 02/18/2009 - 13:03.

... how far "We screwed up" can go to restore one's credibility.

A lesson in that....