What Alan Greenspan Has Learned Since 2008
Harvard Business Review
JANUARY 7, 2014
The technology-stock bubble of the late 1990s and its subsequent deflation were among the defining events of Greenspan’s tenure. I mean for example we’re doing higher capital [requirements], but we’re also delving into CoCo* bonds and in principle they can fully defuse anything. They are not. Bubbles and forecasting.
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