But rules cannot substitute for character.
Alan Greenspan Quotes
I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.
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Birth: | 6th March, 1926 |
Nationality: | American |
Profession: | Businessman, Consultant, Economist, Politician |
Alan Greenspan is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position. he easy-money policies of the Fed during Greenspan's tenure has been suggested to be a leading cause of the subprime mortgage crisis, which occurred within months of his departure from the Fed, and has, said the Wall Street Journal, tarnished his image.
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Today's Anniversary - 16th November
Births
- 1946 - Terence McKenna
- 1873 - William Christopher Handy
- 1955 - Kevin Shelley
- 1895 - Paul Hindemith
- 1717 - Ronald Jeans
Deaths
- 1984 - Leonard Harry Rose
- 1797 - Frederick William II
- 1973 - Alan Wilson Watts
- 1985 - Stuart Chase
- 1961 - Sam Rayburn
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