Alan Greenspan: There is Fraud in Banking System as it exists

Little or no enforcement in system allows for fraud among involved parties and that is a cause for instability.  However, no bankers have been held accountable for the massive derivatives, housing, stock and bond markets Ponzi Schemes.  The question is, where was Alan 10, 15 or 20 years ago, when the banksters and corrupt politicians did away with the checks and balances that would have avoided fraud?  That’s right, he was in bed with them!