Greenspan apparently attempting to bolster Bernanke

I was surprised to read that the man many felt was infallible, Alan Greenspan made this statement, to CBS:

Greenspan, who stepped down from the helm of the U.S. central bank in January 2006, said that as Fed chief he knew about questionable lending practices that were leaving subprime borrowers with adjustable rate loans vulnerable to harm from rising interest rates, but did not recognize those loans would trigger broader problems until fairly recently, CBS said.

"While I was aware a lot of these practices were going on, I had no notion of how significant they had become until very late," Greenspan said. "I really didn't get it until very late in 2005 and 2006."

His successor, Ben Bernanke has been under quite a bit of fire as of late and many have questioned, "What would Greenspan Do?", in what appears to be an attempt to boloster Bernake:

"I think he is doing an excellent job, I'm not sure I would have done anything different (if chairman today)," he added.

The full article while lengthy, is a highly recommended read...