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« Greenspan Remind Comission That Federal Reserve Board Is Not An Enforcement Agencey | Main | Adequate Capital And Liquidity Critical To Financial Improvement, Says Greenspan »
Wednesday
Apr072010

Greenspan: I Was Right 70 Percent Of The Time, Wrong 30 Percent Of The Time

Former Federal Reserve Chairman Alan Greenspan conceded Wednesday morning before a hearing with the Financial Crisis Inquiry Commission (FCIC) that he had made mistakes throughout his career.

Noted the 84 year old Greenspan, “I was right 70% of the time, but I was wrong 30% of the time. There are an awful lot of mistakes in 21 years.” (0:22)
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