Monday, May 3, 2010

Greenspan Wanted Housing-Bubble Dissent Kept Secret

Had Guynn's warning been heeded and the housing market cooled, the financial collapse of 2008 could have been avoided. But his comment was kept secret until Friday, when the central bank released the transcripts of Federal Open Market Committee meetings for 2004 and CalculatedRisk spotted it. The transcripts for 2005 to the present are still secret.

Posted via web from Erik Kurtz - stream of consciousness

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