Posted by: garispang | October 2, 2009

Greenspan: $15T Worth of Equity Added to Listed Corporations Since March

Former Fed Chair Alan Greenspan talks to Bloomberg’s Al Hunt about the rebound in equity flows and the impact they are having on the global economy. According to Greenspan, nearly $15 trillion worth of equity have been added to listed corporations since the Market’s March bottom. He considers it to be real money, not paper, because, he says, it “raises the levels of capital in financial institutions and all establishments around the world.”

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