The Criminal Legacy of Alan Greenspan
http://www.lewrockwell.com/mcmaken/mcmaken132.html
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Another look at Enron
Foundation for Economic Education
by William L. Anderson
06/16/10
The response from journalists and politicians across the country was unanimous: Enron was a fraudulent entity and a number of executives and employees got what they deserved by going to prison. However, I have been among the critics not only of the verdicts, but also of the government’s conduct throughout this sorry affair. Thus I am part of a larger public effort to tell people there is another side to the story. Before going further, however, let me say that Enron’s demise should not have been a surprise, as it was a product of the Federal Reserve’s late 1990s boom. Alan Greenspan’s easy-credit regime permitted Enron and other firms to boost their stock prices to levels well above where the fundamentals said they should have been...
http://www.thefreemanonline.org/columns/not-so-fast/enron/
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Greenspan
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Enron
http://freepage.twoday.net/search?q=com/mcmaken
http://freepage.twoday.net/search?q=William+L.+Anderson
--------
Another look at Enron
Foundation for Economic Education
by William L. Anderson
06/16/10
The response from journalists and politicians across the country was unanimous: Enron was a fraudulent entity and a number of executives and employees got what they deserved by going to prison. However, I have been among the critics not only of the verdicts, but also of the government’s conduct throughout this sorry affair. Thus I am part of a larger public effort to tell people there is another side to the story. Before going further, however, let me say that Enron’s demise should not have been a surprise, as it was a product of the Federal Reserve’s late 1990s boom. Alan Greenspan’s easy-credit regime permitted Enron and other firms to boost their stock prices to levels well above where the fundamentals said they should have been...
http://www.thefreemanonline.org/columns/not-so-fast/enron/
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Greenspan
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Enron
http://freepage.twoday.net/search?q=com/mcmaken
http://freepage.twoday.net/search?q=William+L.+Anderson
rudkla - 15. Jun, 08:06
