It's all Greenspan's fault. - Inspired by Congressional testimony

Yesterday, Fed Reserve Chairman Alan Greenspan, conceded before Congress that the economic crisis was somewhat his fault, accepting that he was mistaken in believing that banks, operating without regulation, would act to protect their shareholders and institutions. Committee chairman, Henry Waxman implied that Greenspan had contributed to "irresponsible lending practices" in his rejection of appeals that rejecting that the Fed step in to regulate the subprime mortgage industry, and stated that "The list of regulatory mistakes and misjudgments is long."

For more on Greenspan's testimony, click here.