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Fed Members Laughed As Housing Bubble Grew


               
2012 Jan 31, 1:43am   742 views  0 comments

by joshuatrio   follow (4)  

http://www.cnbc.com/id/46194541

"It was good times at the Federal Reserve [cnbc explains] five years ago: Low interest rates instituted by then-Fed Chief Alan Greenspan had housing prices booming, the stock market was rising and Fed members were—literally—laughing their way to the...well, central bank."

#housing

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