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Greenspan’s Folly: Why Lack of Regulation By The Federal Reserve Is The Root Cause Of The Current Financial Mess

John McCain claims that Wall Street greed is responsible for the current financial mess behind the bank failures and the subprime mortgage debacle.  Michael Hirsh has written a significant article that places the blame squarely on the refusal of the Federal Reserve under Alan Greenspan to use its regulatory authority.  Read more

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