It was on Mr. Greenspan’s watch. Despite his repeated denials that he could not see a bubble coming, it hard to buy that argument, given that this guy lived on data. He is in news again, predicting the bottom of the housing market sometime in 2009. If he could not predict a top then, how credible is his prediction now?
i couldnt agree more … not only was it on his watch - he also encouraged it , there is a bloomberg article that is just out with greenspan’s view of further fall outs … you dont say!
Another thing: As a former chairman, he owes it to Ben Bernanke to keep this own views private. How much publicity this guy wants?