Last Thursday, Alan Greenspan’s “The Crisis” paper (pdf) became available.
I assume this is the paper that Alan Greenspan has previously spoken of, as seen in my previous post on his defense of his tenure.
For now I simply want to post a link to the paper. I may further comment upon the paper at a later time.
I think the paper is valuable in that it provides a unique perspective on the financial crisis. However, I don’t agree with many of the points made in the paper.
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SPX at 1166.49 as this post is written