Brooksley Born

What Alan Greenspan Knew, and Brooksley’s ‘I Told You So’ Moment

The Federal Reserve System MUST BE ABOLISHED! "We at the board in 1998 were obviously aware of the nature of the problems.  Remember the Federal Reserve is a rule making, is not an enforcement agency." - Alan Greenspan Alan appears to have known exactly what was happening with Fannie, Freddie, and the subprime mortgages.  Just ask Brooksley Born. From Frontline: As head of the Commodity Futures Trading Commission [CFTC], Brooksley Born became alarmed by the lack of oversight of the secretive, multitrillion-dollar over-the-counter derivatives market. Her attempts to regulate derivatives ran into fierce resistance from then-Fed Chairman Alan Greenspan, then-Treasury…
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Brooksley Born Takes On The Big Boys And We All Lose

Yesterday I checked in with Blue Sky Rising and found an excellent and concise post about the economic meltdown, and the amazing woman who was warning about it over a decade ago; Brooksley Born.  The six part Frontline special appears to have embedding issues so I have posted the series on Eyeblast.  I am sure you will find the story as riveting as I did, and will recognize the same names you are hearing today as the "great minds" fixing the current economic meltdown.  Please remember that the over-reaching has a boomerang effect; see NY-23. From BlueSkyRising: Frontline: The Warning…
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