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"Yes, I’ve found a flaw. I don’t know how significant or permanent it is. But I’ve been very distressed by that fact."

— Alan Greenspan

January 1, 1970

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Added on April 10, 2026

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Original Language: English

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Referring to his free-market ideology, when asked in 2008 by Representative Henry Waxman of the House Oversight Committee, “You had the authority to prevent irresponsible lending practices that led to the subprime mortgage crisis. You were advised to do so by many others. Do you feel that your ideology pushed you to make decisions that you wish you had not made?”

https://en.wikiquote.org/wiki/Alan_Greenspan

Referring to his free-market ideology, when asked in 2008 by Representative Henry Waxman of the House Oversight Committee, “You had the authority to prevent irresponsible lending practices that led to the subprime mortgage crisis. You were advised to do so by many others. Do you feel that your ideology pushed you to make decisions that you wish you had not made?”