Greenspan Gets Grilled

Former FED Federal Reserve Chairman Alan Greenspan is being questioned by the Financial Crisis Inquiry Commission about the causes of the worst economic slump since the Great Depression. CNBC's Mary Thompson has the full story.

Alan Greenspan to Face the Heat today

Gary Hager of Integrated Wealth Management and George Wells of Legacy of America on the former Federal Reserve chairman.

Greenspan to Testify on Crisis; U.S. Mall Vacancies Rise

April 7 (Bloomberg) -- Jane King summarizes the top stories this morning on the Bloomberg Business Report. Greenspan to testify subprime lending mortgage crisis mall vacancies rise citigroup hearings financial alan citi speculation real estate shopping mall unemployment consumer spending federal reserve interest rates

Peter Schiff Challenges Alan Greenspan for a debate

Greenspan: Financial Crisis Doesn’t Indict Ayn Rand Theories

ALAN GREENSPAN: "Not at all. I think that there is no alternative, if you want to have economic growth and higher standards of living, in a democratic society, to have competitive markets. And, indeed, if you merely look at the history since the Enlightenment of the 18th century, when all of those ideas surfaced and became applicable in public policy, we've had an explosion of economic growth, and especially in the developing countries, where hundreds of millions of people have been pulled out of poverty, of extreme poverty and starvation, basically because we have competitive markets. So it's not the principle of competitive markets which really has no alternative which works. It is a strict application -- as I presented in a Brookings paper fairly recently on a somewhat technical area, the major mistake was assuming what the nature of risk would be. And the reason it was missed is we have had no experience of the type of risks that arose following the default of Lehman Brothers in September 2008. That's the critical mistake. And I made it. Everybody that I know who works in this business made it. And it means that basically we have to work our way back to understanding what went on. And as I argue, what we need is far more required capital for financial institutions than we've had."

Peter David Schiff, president of Euro-Pacific Capital, is a Connecticut-based brokerage firm have correctly predicted the U.S. stock-market collapse , the home mortgage meltdown and the credit crunch .
Peter Schiff discusses politics, world economies, and investment strategies and is now running for a Senate Seat in his native Connecticut , Peter Schiff is Author of the Best Seller Crash Proof How to Profit From the Coming Economic Collapse

BERNANKE GEITHNER GREENSPAN PAULSON in Fall of the Republic the Presidency of Barack Obama

clips of Ben Bernanke & Tim Geithner & Alan Greenspan & Hank Paulson taken from the movie Fall of the Republic
http://www.falloftherepubli...
released on October 21st 2009

Tags:
Ben Bernanke chairman federal reserve U.S. economy TARP bailout foreign banks Central Bank Liquidity Swaps Alan Grayson Tim Geithner Greenspan Hank Paulson Ron Paul Fall of the Republic President Barack Obama webster tarpley Nancy Pelosi max keiser peter schiff jim rogers marc faber mish Jim Cramer silver gold bullion recession depression