Greenspan : "I made a mistake"

Below a part of the article about declaration of ex chairman of FED Greenspan published on Washington post 24/10/08.
Fantastic, he made a mistake.....

"
You found that your view of the world, your ideology was not right, it was not working?" said Rep. Henry A. Waxman (D-Calif.), the committee chairman.


"Absolutely, precisely," Greenspan said. "You know, that's precisely the reason I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well."

I made a mistake," Greenspan said, "in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms."
"
for more:
http://www.washingtonpost.com/wp-dyn/content/article/2008/10/23/AR2008102300193_2.html