Worst financial crisis ever - Greenspan

It's predictable that former Fed Chairmen and government bureaucrats finally speak the truth after they leave office.

http://www.businessweek.com/news/2010-02-23/greenspan-calls-crisis-by-far-worst-ever-recovery-uneven.html

Former Federal Reserve Chairman Alan Greenspan said the financial crisis was “by far” the worst in history and called the recovery from the global recession “extremely unbalanced.”

In a speech today in Washington, Greenspan said the global economy has undergone “by far the greatest financial crisis globally ever.” He also said small businesses show few signs of improving because lenders are struggling with commercial real estate mortgages.