Wednesday, August 06, 2008

Greenspan warns of more bank bail-outs

However, Mr Greenspan cautions that a heavy-handed regulatory response to the crisis would do more harm than good because it would depress global share prices. He worries that governments, already troubled by inflation, might try to reassert their grip on economic affairs.

read more | digg story

No comments:

6-2-2026

Quote of the day by Oracle co-founder Larry Ellison: "Citizens will be on their best behavior, because we’re constantly recording and r...