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LONDON (MarketWatch) -- More financial institutions could see government bailouts before the credit crisis runs its course, former U.S. Federal Reserve chairman Alan Greenspan wrote in Tuesday's Financial Times. "There may be numbers of banks and other financial institutions that, at the edge of defaulting, will end up being bailed out by governments," Greenspan said. The crisis will end only when U.S. home prices begin to stabilize, clarifying equity levels, which serve as collateral support for mortgage-backed securities. Greenspan warned against governments seeking to "reassert their grip" on economic affairs. "If that becomes widespread, globalization could reverse -- at awesome cost," he wrote.