Alan Greenspan, a free-market advocate, supports the nationalization of some banks to facilitate transfer of toxic assets into a “Bad Bank”. He also stated that this will be the longest recession since the 1930s.
Read More: The Raw Story | Greenspan says recession will be ‘longest and deepest’ since ’30s.
Posted under Keeping Informed
This post was written by PoliticsRX on February 18, 2009
