This quote, which is on the public record, is taken from Alan Greenspan’s testimony before the Committee on Financial Services, U.S. House of Representatives, July 20, 2005:
“The apparent froth in housing markets appears to have interacted with evolving practices in mortgage markets. The increase in the prevalence of interest-only loans and the introduction of more-exotic […]
August 29, 2004
By: Household - HSBC Watch
In figures released today, just prior to the Republican National Convention, Bush’s approval rating on the war on terror was just above 50%. On handling the economy, however, Bush has a 30% approval rating. This comes on the heels of Alan Greenspan’s warning about the future of […]
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