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New York

As Greenspan exits, experts debate his legacy

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Alan Greenspan has to leave early next year as chairman of the Federal Reserve. His legacy may be marred by a housing bust if there’s a housing bubble. Some economists think a housing bubble hovers over the market and that Greenspan has not acted responsibly in dealing with it. Others say a housing bubble doesn’t exist and that Greenspan will exit his post a roaring success. more [NYT]