jump to navigation

Greenspan: Other big U.S. finance firms may fail September 19, 2008

Posted by frewon9 in News.
Tags: , ,

WASHINGTON (Reuters) – Former U.S. Federal Reserve Chairman Alan Greenspan on Sunday said he suspected “we will see other major financial firms fail,” but it did not need to be a problem.

“It depends on how it is handled and how the liquidations take place,” Greenspan said on the ABC program, “This Week.” “And indeed we shouldn’t try to protect every single institution. The ordinary course of financial change has winners and losers.”

Greenspan also said it was a very bad idea to get rid of short selling even though stock in major financial institutions such as Lehman Brothers <LEH.N> and American International Group <AIG.N> have been beaten down in recent days.

In July, the U.S. Securities and Exchange Commission issued a temporary emergency rule to curb illegal short selling in 19 major finance stocks including Lehman and mortgage finance giants Fannie Mae <FNM.N> and Freddie Mac <FRE.N>, which have since been taken over by the government.

The SEC’s emergency order ended in mid-August and the agency is not expected to reinstate the rule for those 19 firms or the rest of the market.

When asked whether the government should help Lehman the same way it helped Bear Stearns, Greenspan said the government is trying to do it in a different manner.

“When Bear Stearns was bailed out, it drew a line under that level of firm, implying that anything that was larger than that firm was capable of getting federal assistance,” he said.

“Now if you generalize that, it is very clear that that is an unsustainable situation in the financial markets and in the markets.”

The Fed and Treasury Secretary Henry Paulson helped orchestrate JP Morgan’s <JPM.N> takeover of Bear Stearns, complete with a $29 billion promise to absorb losses.

Greenspan also said the chances of escaping a recession was “less than 50 percent.”

“I can’t believe we could have a once-in-a-century type of financial crisis without a significant impact on the real economy globally, and I think that indeed is what is in the process of occurring.

(Reporting by Rachelle Younglai with additional reporting by James Vicini: Editing by Maureen Bavdek)



1. Kindra - April 15, 2013

My challenge is to make it happen. Do more research and you will have a tendency drop the diet altogether.
This means that adherents to the diet including fiber, minerals, and vitamins.

Early exposure to dairy products, legumes and solanaceous plants have been shown to be a health building diet for me over years of testing and refining.

2. Jessika - April 17, 2013

Thank you for another magnificent post. The place else may anyone get that type of info in
such an ideal manner of writing? I’ve a presentation next week, and I am at the search for such information.

3. diet pills with green coffee extract - April 20, 2013

Hello to every one, the contents existing at this website are really amazing for people knowledge, well, keep up
the nice work fellows.

4. the magic of making up review - review - April 23, 2013

What i don’t realize is in fact how you’re not actually a lot
more well-liked than you may be right now. You’re so intelligent. You know thus significantly with regards to this matter, made me personally imagine it from numerous various angles. Its like women and men don’t
seem to be involved unless it’s one thing to accomplish with Girl gaga! Your personal stuffs outstanding. At all times maintain it up!

5. raspberry ketone slim - April 24, 2013

Aw, this was an incredibly good post. Finding the time and actual effort to
generate a very good article… but what can I say… I put things off a whole lot and don’t manage to get nearly anything done.

6. teeth whitening swabs - April 25, 2013

Tremendous things here. I am very glad to look your post. Thanks so much and I’m taking a look ahead to contact you. Will you kindly drop me a mail?

7. http://www.youtube.com/ - April 25, 2013

Way cool! Some very valid points! I appreciate you penning this post plus the
rest of the website is extremely good.

8. Continue Reading - April 28, 2013

It’s appropriate time to make some plans for the longer term and it is time to be happy. I have read this publish and if I could I wish to counsel you few fascinating things or suggestions. Perhaps you could write next articles regarding this article. I desire to read more things approximately it!

9. Lucie - April 30, 2013

This is very fascinating, You’re a very professional blogger. I’ve
joined your feed and look forward to seeking extra
of your magnificent post. Also, I’ve shared your website in my social networks

10. Great Petite Goldendoodles Tips - May 1, 2013

Wonderful blog! I found it while searching on Yahoo News.
Do you have any suggestions on how to get listed
in Yahoo News? I’ve been trying for a while but I never seem to get there! Many thanks

11. Full Report - May 2, 2013

Great web site you have got here.. It’s difficult to find good quality writing like yours nowadays. I really appreciate people like you! Take care!!

12. the smtp2go review - May 3, 2013

Does your site have a contact page? I’m having a tough time locating it but, I’d like to send you an e-mail.

I’ve got some recommendations for your blog you might be interested in hearing. Either way, great website and I look forward to seeing it grow over time.

13. Emilio - May 4, 2013

The profit provider will be able to provide you with the fastest turnaround times I’ve ever seen. It’s important for links to be somewhat descriptive of the site must have agreed with the contract.
This stuff may well not only create a site look like there’s a possibility it may be promoted through related articles, images and other mediums as well. This is the main reason why outsourcing profit is just a popular technique even for profit companies.

14. free apple products - May 7, 2013

I was very pleased to find this web site. I wanted to
thank you for your time just for this wonderful read!
! I definitely savored every bit of it and I have you saved to fav to look at new stuff in your website.

15. handy golden retriever character information - May 8, 2013

Hello! Do you know if they make any plugins to protect against hackers?
I’m kinda paranoid about losing everything I’ve worked hard on.
Any recommendations?

16. free visa gift card - May 9, 2013

I always spent my half an hour to read this blog’s posts everyday along with a mug of coffee.

17. Chelsey - May 17, 2013

excellent put up, very informative. I’m wondering why the opposite experts of this sector don’t realize
this. You must proceed your writing. I am sure, you
have a huge readers’ base already!

18. Juana - May 18, 2013

trażnika, kto każdego dnia informował o Juana
postępach w pracy cieśli, rozmieszczających rusztowanie na rynku.
– Owe prawdziwość, że już przecinają? – spytał z rezygnacją rycerz.

Prawda – ożywił się Kr.

19. Somanabolic Muscle Maximizer Review - May 20, 2013

Many people want to increase their muscle mass and create a toned, developed body that
is not only aesthetically pleasing, but strong and healthy as well.

Many people wish to increase their lean muscle
mass and create your toned, developed body that is not only aesthetically attractive, but
strong and healthy additionally. At duration for just a very limited time
time period, it’ll be incorporated a unique plan that will produce complete ”mirror magic” for your entire body within seven days.

20. Dewey - May 20, 2013

Today, I went to the beach with my kids. I found a sea shell and
gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell
to her ear and screamed. There was a hermit crab inside and it pinched her ear.
She never wants to go back! LoL I know this is entirely off topic but I had
to tell someone!

21. green coffee bean - May 31, 2013

My spouse and I stumbled over here coming from a different website and thought I might as well check things out.
I like what I see so now i’m following you. Look forward to checking out your web page repeatedly.

22. pure raspberry ketone pills - June 1, 2013

If you would like to take a good deal from this piece
of writing then you have to apply these techniques to your won webpage.

23. http://circuit-lorraine.com/ - June 1, 2013

It’s truly very complicated in this active life to listen news on TV, thus I simply use the web for that purpose, and take the most recent information.

24. construction loans how they work - June 3, 2013

Awesome issues here. I am very satisfied to see your article.
Thank you a lot and I am looking ahead to touch you.

Will you kindly drop me a mail?

25. michael kors 2012 resort collection - June 7, 2013

Thanks for finally talking about >Greenspan: Other big U.
S. finance firms may fail | Fail-0-Pages <Loved it!

26. Ernest - June 7, 2013

I seldom leave a response, however i did a few searching
and wound up here Greenspan: Other big U.S. finance firms may
fail | Fail-0-Pages. And I do have a few questions for you if it’s allright. Is it just me or does it look like some of these remarks appear like coming from brain dead visitors? 😛 And, if you are writing at additional online sites, I would like to keep up with anything new you have to post. Could you make a list of every one of all your social pages like your Facebook page, twitter feed, or linkedin profile?

27. raspberry ketone diet pills - June 7, 2013

Wow, that’s what I was exploring for, what a data! existing here at this weblog, thanks admin of this web site.

28. cheap ralph lauren polo shirts - June 10, 2013

An outstanding share! I’ve just forwarded this onto a colleague who was doing a little research on this. And he actually ordered me breakfast simply because I discovered it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending the time to talk about this issue here on your website.

29. Roberto - June 11, 2013

You ought to take part in a contest for one of the highest quality sites on the internet.
I am going to highly recommend this website!

30. phytogenix raspberry ketone reviews - June 16, 2013

Excellent blog you have here.. It’s difficult to find excellent writing like yours nowadays. I really appreciate individuals like you! Take care!!

31. Home Page - June 18, 2013

Hi! This is kind of off topic but I need some help from
an established blog. Is it very hard to set up your own blog?
I’m not very techincal but I can figure things out pretty fast. I’m
thinking about making my own but I’m not sure where to start. Do you have any points or suggestions? Thanks

32. new mothers - June 18, 2013

It’s really a great and useful piece of information. I am happy that you simply shared this useful information with us. Please stay us informed like this. Thank you for sharing.

33. web browsers - June 23, 2013

One of the prime factors that determines browser compatibility of a
website is the complexity of its design. Hardware bans can prevent your
computer profile from connecting to the service, and that cannot be altered
by a proxy service. Tools ->> Options ->> Privacy Tab ->> Settings button.

34. cruise promo for taiwanese - June 30, 2013

Hello, everything is going fine here and ofcourse every
one is sharing information, that’s in fact good, keep up writing.

35. aalibu.com - July 2, 2013

You’ve made some decent points there. I checked on the web for more information about the issue and found most people will go along with your views on this site.

36. webpage - July 7, 2013

Fortunately, you can still do despite your impairment.
To constantly inspect and monitor all the Danger basics and fend
off viruses, spyware and malware. Det Insp Andy Fyfe, of City of London Police to team up with the
new ways that scammers operate. State-owned Chinese firms are
investing in coins be certain to keep yourself updated.

Best place to start is from your closest friends? Liu, now
a Democratic candidate for mayor.

37. Marlene - July 10, 2013

you’re in point of fact a good webmaster. The site loading pace is incredible. It sort of feels that you are doing any distinctive trick. Furthermore, The contents are masterpiece. you have performed a fantastic activity in this topic!

38. Terrance - July 12, 2013

I am in fact thankful to the owner of this website who has shared this enormous piece of writing at at this place.

39. butt plug - July 13, 2013

This design is incredible! You definitely know how to keep a reader entertained.
Between your wit and your videos, I was almost moved to start my own blog (well, almost.
..HaHa!) Fantastic job. I really enjoyed what you had to say, and more than
that, how you presented it. Too cool!

40. sleep problems - July 13, 2013

Thanks for another informative website. Where else may just I get that kind of
information written in such an ideal manner? I have a undertaking that I’m simply now operating on, and I have been at the look out for such information.

41. sleep aid - July 14, 2013

Thank you for another excellent post. Where else may
just anybody get that kind of info in such a perfect way of writing?
I’ve a presentation next week, and I am on the look for such info.

42. Hot Free Amateur Cam - July 22, 2013

Our great community at http://www.mysexycam.us .
Hookup with gorgeous young ladies who live in your local area.
Meet very attractive young girls who want sex and casual dating.

All types of nationalities of females available. Call’s best 100% FREE online dating site. Meet loads of available single women! Find a girlfriend or lover, or just have fun flirting online. Our community is full of hot girls and men waiting to hear from you!
Stop paying for online dating sites now. Create your own personal profile with photos, video and audio. Talk with other members in online chat or privately via instant messenger.

43. 24 hr locksmith atlanta ga - July 27, 2013

Hi there, this weekend is nice in favor of me, for the reason that this time i
am reading this fantastic informative paragraph here at my house.

44. pool cleaning service in Cypress - July 28, 2013

The wash solutions contain hydrofluoric acid which in some causes is not buffered correctly and
after repeated exposure can cause visual distortion of the glass.

To assist potential customers in understanding the basics of pool repair va beach Software
We aim to do so. Especially since most insurance companies will waive your deductible and gladly cover the minimal cost of a chip repair to avoid future expenses
such as windshield replacement or injury claims.
Please note the letter” Q” as in indigo, the letter” O” as in
orange, and the second to the oil pan.

45. sexy cam live - July 29, 2013

Great blog here! Also your website loads up fast! What web host are you using?
Can I get your affiliate link to your host? I wish my site loaded up as fast as yours lol

46. Youtube - August 1, 2013

What’s up Dear, are you in fact visiting this web page regularly, if so afterward you will without doubt get nice experience.

47. shooting long - August 2, 2013

Wonderful beat ! I would like to apprentice while you amend your
website, how could i subscribe for a blog web site?
The account helped me a acceptable deal. I had been a little bit acquainted
of this your broadcast provided bright clear idea

48. freepron - August 3, 2013

Unquestionably consider that that you stated. Your favorite justification seemed
to be at the web the simplest factor to be mindful of.

I say to you, I certainly get annoyed while folks consider issues that they plainly don’t recognize about. You managed to hit the nail upon the highest and also outlined out the whole thing with no need side effect , other folks could take a signal. Will probably be again to get more. Thanks

49. Jose - August 7, 2013

Hey people, I am a gourmet coffee junkie. I like never write a comment but I personally ended up looking over this website and definitely cherished it.
It has a number of very decent tips for me to digest.
I have to bring up, I’ve truly been unhappy lately because my bro isn’t here with me.
Web browsing websites gives me a small amount of piece of mind though.
I’d personally like to say thanks to you for this great www write-up which inturn can help pass the news with regard to coffee drinks even more! I actually was trying to figure out if you have got an email subscriber list so I could keep up-dated on this page.

50. Jess - August 7, 2013

Hi, after reading this remarkable article i am also happy to share my know-how here with colleagues.

51. Verlene - August 7, 2013

Hello there! This post couldn’t be written any better! Reading this post reminds me of my old room mate! He always kept talking about this. I will forward this write-up to him. Fairly certain he will have a good read. Thanks for sharing!

52. apache2handler - August 9, 2013

Due to the fact just about all I did to perform was click on
the presents in lieu of memorize or perhaps go to another internet site for getting my
own online coupons, My spouse and i decided on your 200% unrestricted
reward. This can be an option that is offered by every internet site individually, or you can decide
to play at multiple sites simultaneously.

53. Private Tour In The Galilee - August 26, 2013

Hello! I could have sworn I’ve visited this site before but after browsing through some of the posts I realized it’s new to me.
Anyhow, I’m certainly happy I found it and I’ll be bookmarking it
and checking back often!

54. Bonnie - August 26, 2013

It’s a shame you don’t have a donate button! I’d definitely donate to this outstanding blog! I suppose for now i’ll settle for book-marking and adding
your RSS feed to my Google account. I look forward to new updates and will talk about this website with my Facebook group.
Talk soon!

55. banglades news - August 31, 2013

Wow! After all I got a weblog from where I be
able to truly take valuable information regarding
my study and knowledge.

56. Youtube - September 1, 2013

Nice post. I learn something totally new and challenging on blogs I stumbleupon on a daily basis.
It will always be exciting to read through articles from other authors and use a
little something from other web sites.

57. key generator for windows 7 - September 27, 2013

A couple days ago by younger 16 year old fillies, the game hunger games cracked server comprehensive
Ashes mode will give you bonus point, having cleared over 100 of the saying all play these games.

TwitterR: @KINGDOMHEARTSKINGDOM HEARTS HD 1. But it is essential for you.

58. go to website - February 5, 2014

Hi there to every one, because I am actually keen of reading
this weblog’s post to be updated on a regular basis. It consists of nice stuff.

59. cable television providers in toronto - February 6, 2014

Thank you a bunch for sharing this with all people you actually
recognize what you are talking approximately! Bookmarked.

Please additionally seek advice from my web site =).
We can have a link exchange agreement between us

60. Clair - February 21, 2014

When you’re going to rent a comic, think about these tips as a useful
guide, pointing in the fitting direction. Celebrity impersonations,
musical gags, and the use of props are just some of the things that you could do in your
routine. Wouldn’t it be nice if we could take a magic pill and have a perfect relationship.

61. best trading software - March 28, 2014

This is really a thing it’s not available nowadays of
car exchanging, since many vehicle trading platforms will often be competitors , nor uncover information that judges them within the competition.
Millionaire Mike had each of the family money anybody could want coupled with never invest an honest day of be employed in his life.
Subscribers to Equity Trading Alerts newsletter
have noticed some in the best gains and rave with satisfaction.

62. Joesph - April 5, 2014

So if you are one of the big pharmaceutical companies see what type of market they are dealing with a severe imperfection of your sexual organ always needs extra attention.

Aphrodisiacs are not so much of the field of science as of culture, and they
are more discrete natural male enhancers that work as well.

63. learn this here now - April 10, 2014

Simply desire to say your article is as astonishing.
The clarity in your post is simply spectacular and i can assume you
are an expert on this subject. Well with your permission let
me to grab your RSS feed to keep up to date with forthcoming post.
Thanks a million and please continue the gratifying work.

64. Astrid - June 23, 2014

Hello, I think your site might be having browser compatibility issues.
Wheen I lok aat yoour blog iin Ie, iit looks fine
but wen openning in Inrernet Explorer, itt haas somne
overlapping. I just wanted too give you a qhick hezds up!
Other then that, excellemt blog!

65. serrurier low cost paris - July 15, 2014

Excellent article. Keep posting such kind of info on your
site. Im really impressed by your site.
Hi there, You’ve performed a great job. I’ll certainly
digg it and in my opinion recommend to my friends.
I am sure they’ll be benefited from this web site.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: