Would More Muscular Regulation Have Prevented this Mess?
March 01, 2009 at 13:39 PM EST
A common refrain in these tumultuous times is that more pro-active, muscular regulation would have prevented some of the excesses of the past few years and perhaps diminished the severity, or obviated altogether, the pain we are enduring at present. Alan Greenspan—admitting that easy money conditions, which were allowed to continue for too long, during [...]