From the Duh! file: Greenspan ‘Partially to Blame’ for Crisis

Former Fed Chairman Alan Greenspan is “partially to blame” for the financial crisis, Peter Cardillo from Avalon Partners said Thursday. “The blame is to be shared amongst the politicians, as well as Mr. Greenspan. If you keep interest rates low for a sustained period of time as he did obviously you’re going to create a bubble.”


Airtime: Thurs. Apr. 8 2010 | 4:30 AM ET

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