He certainly did preside over the great heyday of embezzlement.
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he was a disaster
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convenient revisionist history
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Living a re-run of the mess with Yellen. Billion $ startups with no earnings, P/E ratios that scream, subprime autoloans
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Removing regulation is your desire think about how well Wells Fargo used absence of regulatory control create fake accounts.
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Federal Reserve Regulations were the only reason we did not go deeper into abyss of ruin upon allowing banks destruction.
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My point was that
#Greenspan faced political constraints that made it hard to get the tougher regs he sometimes favored. -
Great point if reg were implemented but banks could not justify if implemented again Capital loss would have destroyed bank.
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tweeting a story behind a paywall is bs. Up yours, WSJ
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would you say his mistakes...Greenspan...decades?
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