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September 24, 2008
Open lines 3: David Shapiro (Sasfin) and Wayne McCurrie (RMB Asset Management)
GEOFF CANDY: Well, David, would you agree, partially, at least, that Alan Greenspan is to blame?
DAVID SHAPIRO: I remember that period well. When he reduced interest rates I think there was also an expectation that other countries would adjust their economies accordingly and assist the global economy to improve.
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Posted by StaffWriter at September 24, 2008 7:03 AM