US sub-prime crisis "an accident waiting to happen": Greenspan (Channel NewsAsia)
Story date: 2007-10-21 04:17:34
Added on: 2007-10-22 00:51:27
WASHINGTON : The financial turmoil that erupted earlier this year in the US sub-prime housing market was "an accident waiting to happen" and could have taken place in any other sector, former Federal Reserve chairman Alan Greenspan said here Sunday.
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