greenspan

Most of us has heard about how shocked Greenspan was at the market crash. This sent me on a paper trail of the theory behind mortgage derivatives. It starts with an equation invented by economics Nobelists Robert Merton and Myron Scholes. I'll try to explain what's behind this equation. The...

Big story today: http://news.yahoo.com/s/nm/20081023/bs_nm/us_financial_greenspan_2 Greenspan "shocked" at credit system breakdown "Those of us who have looked to the self-interest of lending institutions to protect shareholder's equity (myself especially) are in a state of shocked...

Many criticised Fed Chariman Greenspan for raising rates in the 90s as having contributed to the recession. Today Greenspan appears set to raise rates yet again in spite that many economic indicators are showing sluggish growth. Now, like then, Greenspan is citing concerns over possible...

WASHINGTON (Reuters) - Federal Reserve Chairman Alan Greenspan warned Thursday that unless lawmakers come to grips with spiraling U.S. deficits, the economy was at risk of stagnation "or worse." "Under existing tax rates and reasonable assumptions about other spending ... projections make clear...

he thinks tax cuts will improve the economy ! akkk !!! someone send out the liberal death squad to shut him up for breast's sake.......it's an election year !