Joe... i'm not into defending greenspan, but i really think it's almost an extremist type of view to heap so much blame on the shoulders of one single man... especially the disparity of wealth issue, which i agree is a huge problem, but that trend started many years before he took office... is it his fault that CEO's and other various executives and board members get to siphon off millions and billions and get stock options 'out the Wazoo' while the working class grunts get their bottom-line wages?
actually, AG has been one of those on record, for a while now, in favor of expensing stock options
if anyone wants to make their voice heard re: this issue, go here http://ga1.org/campaign/FASB RestoreTheTrust.com
of course, come to think of it, if they start to expense stock options, guess which employees are gonna get cut out of the loop first?