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Daily Archives: April 12, 2008

Greenspan Fights Back

To defend his reputation and legacy, Greenspan fights back.
Here is a CNBC exclusive interview with Alan Greenspan.
interview video part I, part II
Was the Fed keeping interest rate too low for too long?
Greenspan: “The Fed Reserve lost control of long term interest rate probably around 2002 or 2003…and the global force began to dominate the market…”