Greenspan’s “The Crisis” Paper

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