NEW YORK, Feb. 18 (UPI) -- Former Federal Reserve Chairman Alan Greenspan said at the Economic Club in New York that new regulations were needed to rein in financial systems.

WASHINGTON, Oct. 23 (UPI) -- The White House Thursday came close to acknowledging a recession is under way, saying next week's gross domestic product report is expected to be bad.

WASHINGTON, Oct. 23 (UPI) -- Former Federal Reserve Chairman Alan Greenspan Thursday told a House panel the United States is "in the midst of a once in a century credit tsunami."

WASHINGTON, Aug. 4 (UPI) -- Former Federal Reserve Chairman Alan Greenspan says more U.S. and overseas banks may end up in government rescue plans.

WASHINGTON, May 27 (UPI) -- Former U.S. Federal Reserve Chairman Alan Greenspan said Tuesday chances of a severe recession had diminished recently, but a mild economic downturn is likely.

WASHINGTON, April 9 (UPI) -- Former U.S. Federal Reserve Chairman Alan Greenspan said he has "no regrets" concerning his economic policies.

WASHINGTON, March 24 (UPI) -- After nearly 30 years of intellectual and policy dominance, the apostles of free markets and free trade are giving way to the new high priests of regulation, protection and state intervention.

WASHINGTON, March 21 (UPI) -- Former U.S. Federal Reserve Chairman Alan Greenspan defended his interest rate policy, but said he should have monitored banks more closely.

WASHINGTON, March 6 (UPI) -- The bursting of the housing bubble, which punctured the credit bubble, was a criminal enterprise at the outset, pooh-poohed at first by those who should have known better, that has now triggered a global economic crisis. The U.S. prison population is at an all-time high with 2.3 million behind bars, but the subprime con men/women are enjoying the fruits of their scams.