From CreditWritedowns, 9 DECEMBER 2011
By Frederick J. Sheehan
Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and "The Coming Collapse of the Municipal Bond Market" (Aucontrarian.com, 2009)
To Americans, European problems may seem as remote as they did in 1939. There is a
