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I missed this one:

Mr Greenspan said: "The behaviour in what we are observing in the last seven weeks is identical in many respects to what we saw in 1998, what we saw in the stock-market crash of 1987, I suspect what we saw in the land-boom collapse of 1837 and certainly [the bank panic of] 1907.”

I'm skeptical of comparing markets against five years ago. At 170 years, I not only stop listening to the comparison, but also the guy doing the comparing.

Posted by edelfenbein at September 9, 2007 9:39 PM