On: Greenspan Says U.S. Should Consider Breaking Up Large Banks

[cheriot]

There's little doubt his loose monetary policy contributed. That said, those bubbles could never have been as severe without wall street's catastrophicly optimistic pricing models and reckless lending practices. Wired has a good description of how pricing models contributed at http://www.wired.com/techbiz/it/magazine/17-03/wp_quant?curr...