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24 Oct 2008 10:25 am
Real Conservatives Admit Their Mistakes
“I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms. I have found a flaw. I don’t know how significant or permanent it is. But I have been very distressed by that fact,” - Alan Greenspan, testifying before the House Committee on Oversight and Government Reform.
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