Testimony of Fed Chairman Alan Greenspan, 16 July

TESTIMONY - In testimony to the US Congress on Tuesday Greenspan said "an infectious greed" in the business community, if unpunished, could inhibit a full economic recovery. He went on to say that "the fundamentals are in place for a return to sustained healthy growth," while warning that the erosion of trust in corporations could keep the economy from reaching its full potential.

To read past central bank speeches and testimony use our Speech Finder. Click the link on the right.

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