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Monday, December 17, 2007

Greenspan Tells Government to Help People with Mortgages


The former chairman of the US central bank Alan Greenspan has called for government to give financial help for homeowners hit by the credit crunch. (BBC News, Monday)

He created the mess. Now he wants the taxpayers to clean it up.

FEE Timely Classic
The Greenspan Fed in Perspective by Roger Garrison