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Legal Commentary

: Res ipsa loquitur

Grade Inflation: Greenspan Insists That He Was Right 70 Percent of the Time

By jonathanturley

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Former Federal Reserve Chairman Alan Greenspan insisted that he was “right seventy percent” of the time in his tenure leading up to the economic collapse. On most grading scales that would give him about a C — hardly the level of performance you want from an economic policy official. Greenspan insisted “When you’ve been in [...]

Full post as published by Res ipsa loquitur on April 08, 2010 (boomark / email).

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