The WSLB TIME MACHINE: 9/26/07 - When Greenspan confirmed U.S. housing bubble (per FT)

In our new WSLB TIME MACHINE series, Wall Street Law Blog looks back at some interesting moments along the road to the global financial crisis...

What better way could there be to launch the TIME MACHINE than with a piece on the "Maestro" himself, Alan Greenspan? 

September 16, 2007, the Financial Times:

"US house prices are likely to fall significantly from their present levels, Alan Greenspan has told the Financial Times, admitting that there was a bubble in the US housing market." (emphasis Wall Street Law Blog).

Please see the original FT article.

 

Published by The Sherman Law Firm