Former Federal Reserve Chairman Alan Greenspan said the current market turmoil is in many ways "identical" to that which occurred in 1987 and 1998, when the giant hedge fund Long-Term Capital Management nearly collapsed.
"The behavior in what we are observing in the last seven weeks is identical in many respects to what we saw in ...
http://online.wsj.com/article/SB118913318976220324.html?mod=hpp_us_whats_news
thursday theatre, page-172
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