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Greenspan Denies Responsibility for Housing Bubble

Alan Greenspan
David Gilkey, NPR

Former Federal Reserve Chairman Alan Greenspan

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December 27, 2007

Alan Greenspan, the former chairman of the Federal Reserve, insists the housing bubble had relatively little to do with him. After guiding the economy for 19 mostly prosperous years he now faces criticism for drastically lowering interest rates.

Greenspan discusses economics and his tenure at the Fed with Steve Inskeep for the Morning Edition series, The Long View, a conversation with people of long experience.

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