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Alan Greenspan: "I'm shocked"

Program length - 10:00

 

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The billionaire's best friend

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Alan Greenspan, the "monetary policy genius" who was in charge of the Federal Reserve Bank for over twenty years,
justifies his anti-social policies in 2005...and expresses his shock and surprise at their outcome in 2008.

The man is a straight up liar.

He was Fed Chairman during the Savings and Loan scandal. He saw nearly a trillion dollar loss to the US banking system thanks to deregulation of the real estate lending industry.

He knows fully well that banks can't be trusted to lend without oversight.



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