Description:Â Alan Greenspan defends keeping interest rates low. Readers of ‘The Buzz’ weigh in on who they think is responsible.
Source: CNNMoney.com – video report
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Date: 04/07/2010
Link: http://money.cnn.com/video/news/2010/04/07/n_bz_housing_bubble_blame.cnnmoney/
Questions for discussion:
Summarize the arguments for who is to blame for the crisis.
- How would you apportion blame?
- Present arguments in defence of each target of blame.
- Going forward from our understanding of the effects of a low-interest policy, what lessons are there here for corporate financial planners?
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