Greenspan says education needed to combat fraud

Federal Reserve Chairman Alan Greenspan said Friday the financial marketplace has grown increasingly complex since four decades ago, when all Americans needed to know was how to write a check and open a savings account. He called financial education critical in the fight to halt such fraudulent practices as abusive home mortgage lending practices that target vulnerable populations.

Source: Associated Press

Improved education in financial literacy is critical if the country is to combat financia

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