Greenspan Says U.S. May Not Be Doing Enough to Promote Recovery

Now Alan Greenspan chimes in on how to fix the problems in the banking system. Thanks Alan!

(Bloomberg.com) Former Federal Reserve Chairman Alan Greenspan said the U.S. may be doing too little to repair its financial system and promote an economic recovery.

President Barack Obama today signed into law a $787 billion economic stimulus package of tax cuts and increased spending. He has also pledged to use the bulk of the roughly $315 billion left in the bank bailout fund approved by Congress last October to revive the battered financial industry.

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