Like it or not Greenspan has a habit of being right… “Former Federal Reserve Chairman Alan Greenspan said the U.S. is ‘nowhere near the bottom’ of the housing slump and is ‘right on the brink” of a recession.’
More, from CNBC.com: “… he also warned that ‘Fannie and Freddie are a major accident waiting to happen.’
His comments came in an interview today with CNBC. I’ll look for more quotes on housing from the interview and add them to this post.
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