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Loan Modification

: Mortgage Lender Implode-o-Meter

Greenspan Strikes Back: The 'Maestro' explains what went wrong

By Implode-Explode Heavy Industries

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"Rarely has a public figure's reputation suffered a reversal as dramatic as Alan Greenspan's. When he left the Federal Reserve in early 2006 after nearly 19 years as chairman, he was hailed as the "maestro" and credited with steering the country through numerous economic shoals. Four years later, his policies are widely blamed for fostering the 2007?09 financial crisis. Now Greenspan is offering an elaborate "not guilty" defense."

Full post as published by Mortgage Lender Implode-o-Meter on March 19, 2010 (boomark / email).

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