Mr. Greenspan, please shut up

This guest post is from: Constantine von Hoffman, a veteran business journalist who writes the blog CollateralDamage.biz, a humorous look at marketing, business and his dog. If you?d like to submit a guest post drop me an email. From his lips... "There's no question that this is in the process of outstripping anything I've seen, and it still is not resolved and it still has a way to go," Alan Greenspan said last Sunday. This sentence can be applied equally to both the sub-prime/credit-crunch/what-have-you mess and the destruction of Greenspan?s reputation as a financial genius. Each passing bankruptcy makes it clearer that Mr. Irrational Exuberance is responsible for the two things at the heart of this entire thing: Easy credit and minimal oversight. His constant refusal to raise interest