Comments on: Greenspan: Break Up Large Banks Considered “Too Big To Fail” http://wallstreetpit.com/11246-our-top-dogs-are-now-even-bigger-than-before-the-crisis Wed, 08 Feb 2012 22:13:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Daniel Habtemariam http://wallstreetpit.com/11246-our-top-dogs-are-now-even-bigger-than-before-the-crisis#comment-72028 Daniel Habtemariam Thu, 22 Oct 2009 14:22:41 +0000 http://wallstreetpit.com/?p=11246#comment-72028 Mr. Greenspan is reversing his previous position as a deregulation advocate. He was proven wrong, and he's willing to admit it. Which is more than you can say for President Bush, who was proven wrong and went down denying it. Let's not make this about Greenspan. If you want to call him anything, you could call him a hypocrite. But he's being intellectually honest about it. The real enemy here is the false dogma that Congressional Republicans continue to spread that banks should be left to regulate themselves and that capitalist forces working among the thousands banks in the U.S. will work to self-correct any market excesses brought on as a result of the financial crisis. As the blogger noted, this anti-regulation mantra is still out there, and we need those people to pull a Greenspan and just admit they're wrong. Daniel Habtemariam Mr. Greenspan is reversing his previous position as a deregulation advocate. He was proven wrong, and he’s willing to admit it. Which is more than you can say for President Bush, who was proven wrong and went down denying it.

Let’s not make this about Greenspan. If you want to call him anything, you could call him a hypocrite. But he’s being intellectually honest about it.

The real enemy here is the false dogma that Congressional Republicans continue to spread that banks should be left to regulate themselves and that capitalist forces working among the thousands banks in the U.S. will work to self-correct any market excesses brought on as a result of the financial crisis. As the blogger noted, this anti-regulation mantra is still out there, and we need those people to pull a Greenspan and just admit they’re wrong.

Daniel Habtemariam

]]> By: Blow Fish http://wallstreetpit.com/11246-our-top-dogs-are-now-even-bigger-than-before-the-crisis#comment-71923 Blow Fish Wed, 21 Oct 2009 20:53:33 +0000 http://wallstreetpit.com/?p=11246#comment-71923 I totally agree. The policies (or lack of) under Greenspan (and the Bush administration) created this financial debacle. He should listen, NOT speak. Enough said. I totally agree. The policies (or lack of) under Greenspan (and the Bush administration) created this financial debacle. He should listen, NOT speak. Enough said.

]]> By: Nandi http://wallstreetpit.com/11246-our-top-dogs-are-now-even-bigger-than-before-the-crisis#comment-69693 Nandi Thu, 15 Oct 2009 19:53:46 +0000 http://wallstreetpit.com/?p=11246#comment-69693 When will the stupid Greenspan stop commenting on what everybody else should be doing? Isnt he satisfied enough with the damage he has already caused? When will the stupid Greenspan stop commenting on what everybody else should be doing? Isnt he satisfied enough with the damage he has already caused?

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