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: Wall Street Law BlogWSLB TIME MACHINE: 9/26/07 - Greenspan says there is U.S. housing bubble (per FT)
By Brett D. Sherman
In our new WSLB TIME MACHINE series, Wall Street Law Blog looks back at some interesting moments along the road to the global financial crisis...
What better way could there be to launch the TIME MACHINE than with a piece on the "Maestro" himself, Alan Greenspan?
September 16, 2007, the Financial Times:
"US house prices are likely to fall significantly from their present levels, Alan Greenspan has told the Financial Times, admitting that there was a bubble in the US housing market." (emphasis Wall Street Law Blog).
Please see the original FT article.
Published by The Sherman Law Firm
Full post as published by Wall Street Law Blog on March 03, 2010 (boomark / email).
Fair Housing Act
Prevent discrimination by landlords
KB Home and Countrywide Financial Corp.
allegedly conspired with appraisers to boost housing prices as the market crashed.
Apartment Appointment
Pine Properties Inc. pays $158,000 housing discrimination settlement.
Disability Access
Developers pay $175,000 settlement for failing to comply with the Fair Housing Act.
Housing Inmates
City of Renton pays Yakima County $1.7 million settlement.
Housing Buyer Discrimination
White homeowner settles $30,000 buyer-discrimination lawsuit.
Cipro
The FDA is seeking to add black box warnings of the risk of tendon rupture associated with Cipro and Levaquin.
The ruptures can involve Achilles tendon, shoulder, hand, bicep or thumb tendons, and is especially increased in patients older than 60, or people who have received kidney, heart or lung transplants, as well as people on steroid therapy...
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SO DID WE GET THE HOUSING BUBBLE BECAUSE BERNANKE LISTENED TO THIS IN 2002 FROM PAUL KRUGMAN To
Did § 121 Cause the Housing Bubble
Federal Regulators Take Over IndyMac:
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