fatvegan

Those of us who have looked to the self-interest of lending institutions to protect shareholder's equity - myself especially - are in a state of shocked disbelief.

Alan Greenspan, Former Chairman of the US Federal Reserve

This is hilarious. A very large part of this man's job was acting as a check to the self-interest of lending institutions. The real question, though, is why the extremely important job of maintaining stability in the US finance sector was ever given to somebody who didn't think his job was at all necessary.