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Greenspan Watch: Whither the "put"?
Quote attributed to Greenspan:
"It's only when the markets are perceived to have exhausted themselves on the downside that they turn," he said. "Trying to prevent them from going down just merely prolongs the agony."
The chutzpah of that man!
http://biz.yahoo.com/rb/071216/usa_e...span.html?.v=1
"It's only when the markets are perceived to have exhausted themselves on the downside that they turn," he said. "Trying to prevent them from going down just merely prolongs the agony."
The chutzpah of that man!
http://biz.yahoo.com/rb/071216/usa_e...span.html?.v=1