Greenspan is so sad

The former Fed chairman could get away with all the convoluted thinking when he was still the "Maestro," but those days are long gone. In this interview with Bloomberg's Al Hunt, Greenspan looks like he's aged, oh, 57 or so years since leaving the Fed and seeing his low-interest rate folly lead to the nation's worst economic crisis since the Great Depression. And he's still as incomprehensible as ever -- watch the first two or three minutes as Hunt desperately tries to get a coherent answer out of him.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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