Greenspan: No regrets; U.S. in recession

Tuesday, April 8, 2008

Former Federal Reserve Chairman Alan Greenspan said on Tuesday he has no regrets about his decisions as head of the central bank and said the U.S. economy is already in recession, although it is hard to say how deep or severe it will be.

"We are in the throes of a recession," he said in an interview on CNBC cable business news network.

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