Appointed chairman of the nation's central bank just two months before the stock market crash of 1987, American economist Alan Greenspan (born 1926) acted quickly to avert a general financial collapse...
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Parsing every word provided by Fed officials risks losing sight of the forest by getting too close to the trees, given that the Fed has clearly expressed its chief concern; the economy is operating at...
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Nowadays, it's impossible to watch the 1946 holiday movie "It's a Wonderful Life" and not feel a twinge of respect for Henry F. Potter, the villainous banker played by Lionel Barrymore. Potter was ...
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Now he tells us. Alan Greenspan has come out from behind the cloud of gas where he had hidden himself for the past couple of decades to say in public what he should have said years ago when it migh...
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Alan Greenspan has retired as chairman of the Federal Reserve, so Senate Democratic leader Harry Reid has to find someone else to brand as Washington's biggest "political hack.""I could give that d...
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Selected editorial excerpts from the U.S. press:
MR. GREENSPAN'S HISTORY (The Washington Post, Washington)
Alan Greenspan was a successful chairman of the Federal Reserve
Board. During h...
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America's chief executives are feeling pretty good about business prospects with most expecting sales to increase, although Wall Street investors have expressed anxiety recently about the economy's...
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2 diplomats appointed to lead U.N. Security Council reform talks
NEW YORK - U.N. General Assembly President Sheikha Haya Rashed
Al Khalifa on Wednesday announced the appointment ...
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(EDS: TO BE LED)
Tokyo stocks fell sharply Friday morning as a wide range of
issues drew selling following overnight falls in U.S. and European
shares.
The 225-issue Nikkei Stock Average ...
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Federal Reserve Chairman Ben Bernanke has a complex job manning the world's largest economy, but when it comes to his own finances he keeps it pretty simple.The chairman's financial disclosure form...
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Former Federal Reserve Chairman Alan Greenspan admits he failed
to foresee the danger subprime lending might pose to the economy, but
brushes aside critics who blame the Fed for lowering inte...
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