Crazy things I tell myself
I actually worked up the nerve to say this at dinner last night with colleagues and this week's seminar speaker, Matt Harding:
"Y'know, I think there's a better chance that Greenspan will go down in history as the worst Fed chair than that Bush will go down in history as the worst president."
Really, I do.
Here is a fun Greenie slam that includes this great quote from April 2005:
“Where once more-marginal applicants would simply have been denied credit, lenders are now able to quite efficiently judge the risk posed by individual applicants and to price that risk appropriately. These improvements have led to rapid growth in subprime mortgage lending.”