Alan Greenspan ignored derivatives; he couldn't be bothered by mortgage abuses; he used the central bank to reduce interest rates; Does it justify things that he may well have done much of this for ideological reasons?
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The American fascination with "home" had always been rooted in some idea of the life one could build there. Then at some point, ideas changed -- and so did the words that went with them.
Former Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economy was in recession, and said it would be appropriate to tap public funds...
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