Ex-Fed chief Alan Greenspan said Yes to bank bailouts, No to sick-industry loans, Probably to the economy getting worse, and Remember to look on the bright side, on ABC's This Week with George Stephanopolous. Excerpts:
Is this the worst (financial crisis) you've ever seen? "By far. There's no question that this is in the process of outstripping anything I've seen. And it is still not resolved. And it still has a long way to go. It will continue to be a corrosive force until the price of homes in the United States stabilizes."