it was Greenspan who through some excessive deregulation prepared the monetary ground for the rise of the subprime mortgage companies: a lending market that specialises in high-risk mortgages and loans.'Innovation', said Greenspan in April 2005, 'has brought about a multitude of new products, such as subprime loans and niche credit programs for immigrants'.It is almost touching to find out that Greenspan cares so much about immigrants.
Gilad Atzmon, The Wandering Who? A Study of Jewish Identity Politics
economics, humor, immigration