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Friday, May 1, 2026

EDITORIAL



Here We Go Again

THERE WAS THE EARLY 1990s REAL ESTATE RECESSION AND THE 2000 Dot-Com Bust. Now it appears OC is witnessing another market debacle,the Subprime Tsunami.



Greenspun

THERE’S BEEN MUCH DEBATE OVER EXACTLY WHAT ALAN GREENSPAN meant or didn’t mean with his remark that helped to trigger the recent stock selloff.

I can help. I believe that when Greenspan was heard to utter, “It is possible we can get a recession toward the end of this year,” he actually was saying, “I sure enjoy retirement. I’ll have the vichyssoise.”

,Rick Reiff

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Rick Reiff
Rick Reiff
Rick Reiff, a Pulitzer Prize-winning journalist, is editor at large of the Orange County Business Journal. He also is a host and producer of public affairs programs. He has covered Southern California for 34 years in print and on air. He is a four-time Golden Mike winner, three-time Emmy nominee and 2018 recipient of the Orange County Press Club's Lifetime Achievement Award. Reiff has been with the Orange County Business Journal since 1990, serving 10 years as editor. He originated and wrote the paper's popular "OC Insider" column for 15 years.

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