Alan Greenspan

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Alan Greenspan (b. 1926) is a Jewish-American Keynesian economist who was Chairman of the Federal Reserve Board from 1987 to 2006, when he was succeeded by Ben Bernanke. Currently he works for John Paulson [1].

He has been blamed for mishandling the financial markets, thus facilitating the Financial Crisis of 2008. He confessed to Congress he never thought the crash could happen.

As a top adviser to President Ronald Reagan he led the successful 1983 refinancing of the Social Security system that put it on a sound financial basis for the next 75 years.

He is a close friend and follower of libertarian writer Ayn Rand.

See Also