Difference between revisions of "Alan Greenspan"
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| − | '''Alan Greenspan''' (b. 1926) is a [[ | + | '''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]] [http://nymag.com/daily/intel/2008/01/john_paulson_aquires_an_alan_g.html]. |
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. | 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. | ||
Revision as of 04:10, December 11, 2014
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
Links
- The Greenspan Years by Robert Reich
- Alan Greenspan Memoirs in the Telegraph