Thursday, October 4, 2007

Jimmy the Greenspan -- update on odds of recession

Globe-trotting, book promoting Greenspan has spoken, again, on the odds of recession:

LISBON — The odds of a recession in the United States are between one-third and one-half due to the credit crisis sparked by problems in the U.S. subprime mortgage sector, former U.S. Federal Reserve chief Alan Greenspan said on Wednesday. (source)



Mr. Greenspan pitches his book

Maybe that should have been "Mr. Greenspan makes book?"