November 6th, 2007, 09:05 PM
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Utility Bot
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Join Date: Apr 2007
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Economy - Tuesday
(Investor's Business Daily)
Investor's Business Daily - Ex-Fed chief Alan Greenspan said paring down the glut of U.S. home inventories is key to stabilizing the financial system at home and abroad. "The critical issue on the whole subprime, and by extension, the international financial system rests very narrowly on getting rid of probably 200,000-300,000 excess units in inventory," he told business leaders. Greenspan said the global economy is doing well, despite soaring oil prices. View the Entire Article
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