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August 27, 2005

Times Downplays Greenspan’s 18-Year Success

This blogger says The New York Times has mischaracterized Alan Greenspan's performance.

The Times looked back on the Greenspan tenure as Federal Reserve Chairman by emphasizing a threatened “housing bubble” that Greenspan doesn’t even believe in. Reporter Edmund L. Andrews characterized a Fed chairman washing his hands of a looming threat. If “housing prices do turn out to be a bubble that bursts,” said Andrews, “Mr. Greenspan will no longer be around to take the blame – or clean up the mess.”

 

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Times Downplays Greenspan’s 18-Year Success

Posted on August 27, 2005 06:39 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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