Self-parody doesn’t begin to describe Alan Greenspan’s latest ridiculousness:
Former Federal Reserve Chairman Alan Greenspan made a rather startling acknowledgment this morning during testimony to the Financial Crisis Inquiry Commission in Washington D.C.
“My experience has been, in the business I was in, I was right 70 percent of the time, but I was wrong 30 percent of the time. And there are an awful lot of mistakes in 21 years.”
Embargoed testimony from Greenspan will reveal that “there is great disorder under the heavens and the situation is excellent.”