In last two decades the financial markets in US got deregulated, under the guidance of Alan Greenspan as he worked on assumption that markets are self stabilising, but in a recent testitmony Greenspan admitted he was wrong for 16 years 
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Quotes about Alan Greenspan
In last two decades the financial markets in US got deregulated, under the guidance of Alan Greenspan as he worked on assumption that markets are self stabilising, but in a recent testitmony Greenspan admitted he was wrong for 16 years
said Arun Kumar
The massive trading in derivatives helped precipitate this crisis, and the man who did the most to prevent the regulation of derivatives was Alan Greenspan, the former chairman of the Federal Reserve Board, who believed the derivatives market would regulate itself. The US Congress agreed with Greenspan and passed a law excluding derivatives from being regulated.
was said
in Webindia123
Quotes from articles mentioning Alan Greenspan
