Alan Greenspan stated that the securitization of home loans for people with poor credit — not the loans themselves — was to blame for the current global credit crisis.
Greenspan sees signs of credit crisis easing - Stocks & economy - MSNBC.com
He apparently doesn't get it.
He thinks self-regulation is not an oxymoron.
Let's talk the big picture, not the little tiny pieces.
Subprime mortgage crisis - Wikipedia, the free encyclopedia
It really was Greenies fault, all of it. He made us invade Iraq so we'd have more houses to sell too.