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Greenspan says flexibility cuts risk of recession

Started by Sunite, November 24, 2007, 09:02:28 PM

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Sunite

Greenspan says flexibility cuts risk of recession
Reuters - 7 hours ago
By Wojciech Moskwa and Aasa Christine Stoltz OSLO (Reuters) - The economy's great flexibility has reduced the risk of recession from the subprime mortgage crisis, former Federal Reserve Chairman Alan Greenspan said on Friday.