“‘For my own part,’ Ms. Yellen said, ‘I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.’ Her startled interviewers noted that almost none of the officials who testified had offered a similar acknowledgment of an almost universal failure.”
(Visited 29 times, 1 visits today)
Related posts:
Google, Yahoo back doors to US intel agencies: Ex-security official
Voluntary Tax Disclosure Programs Correlated With U.S. Citizenship Renunciations
B-52s Over Korea...Protecting Our Homeland?
Economy Tanks … and Stocks Soar?
Alix Announces Initial Bitcoin Mining Exploration Transaction
Startup Cities To Become Reality
Reality Check: Senate Moving Forward On Internet Tax Mandate
UBS' Friedman: US Might Have to Bail Out Chinese Banks
How Intelligence Was Twisted to Support an Attack on Syria
Julian Assange Praised the Paul Family, But He's Only Half Right
For Price Of Iraq War, US Could Power Half Country With Renewables
San Francisco bacon restaurant forced to close over smell
Why Rand Paul Is in Position to Become DC's Most Powerful Pol
Snowden: NSA employees pass around intercepted nude photos
Save Your Swiss Gold – Peter Schiff’s Message to Switzerland