Greenspan: ‘I Was Wrong 30% Of The Time’ (VIDEO)

Fmr. Fed Chairman Alan Greenspan
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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.”

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