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Quote by Alan Greenspan

“By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.”

Quote by Alan Greenspan

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Alan Greenspan, born on March 6, 1926, is an accomplished economist from the United States. He has made significant contributions to the field of economics and has had a profound impact on the global financial system as the Chairman of the Federal Reserve System. more

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“Credit-default swaps, I think, have serious problems associated with them.”

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