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UPDATE 3-Crisis was "accident waiting to happen"-Greenspan

Story date: 2007-10-21 03:16:00
Added on: 2007-10-21 17:27:51


Reuters - But the former Fed chief said it was low long-term interest rates set in financial markets that pushed down mortgage costs and encouraged home buying. "Central banks around the world have essentially lost control over the markets beyond maybe three ...


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