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Greenspan Concedes Error on Regulation

Oct. 23, 2008
Alan Greenspan, the former Federal Reserve chairman, told a House panel that the crisis had uncovered a flaw in how the free market system works that had shocked him.
Related Stories from UPI.com
Greenspan: U.S. suffering 'credit tsunami'

Greenspan: U.S. suffering 'credit tsunami'

WASHINGTON, Oct. 23 (UPI) -- Former Federal Reserve Chairman Alan Greenspan Thursday told a House panel the United States is "in the midst of a once in a century credit tsunami."
Greenspan warns of regulatory reaction

Greenspan warns of regulatory reaction

WASHINGTON, Aug. 4 (UPI) -- Former Federal Reserve Chairman Alan Greenspan says more U.S. and overseas banks may end up in government rescue plans.
Greenspan says U.S. recession possible

Greenspan says U.S. recession possible

WASHINGTON, May 27 (UPI) -- Former U.S. Federal Reserve Chairman Alan Greenspan said Tuesday chances of a severe recession had diminished recently, but a mild economic downturn is likely.
Greenspan defends his record

Greenspan defends his record

WASHINGTON, April 9 (UPI) -- Former U.S. Federal Reserve Chairman Alan Greenspan said he has "no regrets" concerning his economic policies.
Greenspan defends interest rate policy

Greenspan defends interest rate policy

WASHINGTON, March 21 (UPI) -- Former U.S. Federal Reserve Chairman Alan Greenspan defended his interest rate policy, but said he should have monitored banks more closely.

Greenspan says U.S. economy has stalled

JEDDAH, Saudi Arabia, Feb. 25 (UPI) -- Former U.S. Federal Reserve Chairman Alan Greenspan said Monday that shocks in the U.S. economy could be softened by globalization.
Former Fed chairman says recession likely

Former Fed chairman says recession likely

CAMBRIDGE, Mass., Feb. 15 (UPI) -- Former U.S. Federal Reserve Chairman Alan Greenspan said the U.S. economy has more than a 50 percent chance of sliding into recession.

Greenspan: Edwards plan would hurt economy

WASHINGTON, Dec. 16 (UPI) -- Former Federal Reserve Chairman Alan Greenspan said Sunday Democratic presidential contender John Edwards' economic proposals would hurt the U.S. middle class.

Greenspan questions 'super fund' plan

NEW YORK, Oct. 19 (UPI) -- Alan Greenspan, the former chairman of the US. Federal Reserve, raised serious doubts Friday about a bailout “super fund” proposal.

Greenspan: Regulators saw crunch coming

LONDON, Sept. 28 (UPI) -- Alan Greenspan, former head of the U.S. Federal Reserve, says regulators saw the risky problems that eventually caused the global credit crunch.

Greenspan: Republicans deserved to lose

WASHINGTON, Sept. 14 (UPI) -- Former U.S. Federal Reserve Chairman Alan Greenspan has joined the ranks of Republicans blasting his party under the leadership of President George W. Bush.

Greenspan: U.S. recession 'possible'

HONG KONG, Feb. 26 (UPI) -- The U.S. economy may slip into a recession by year's end, former Federal Reserve Chairman Alan Greenspan said Monday.

Greenspan: Pricey oil starting to hurt

WASHINGTON, June 7 (UPI) -- The former head of the U.S. Federal Reserve says high oil prices appear to have begun to take a toll on global economic activity.

Greenspan picks a ghost writer

NEW YORK, June 6 (UPI) -- Alan Greenspan, the former chairman of the U.S. Federal Reserve, has chosen a business magazine editor to ghost-write his memoirs.

Bernanke sworn in as 14th Fed chairman

WASHINGTON, Feb. 6 (UPI) -- Ben Bernanke was sworn in Monday as the 14th chairman of the U.S. Federal Reserve. The ceremony at the Federal Reserve building was attended by President Bush and Bernanke's two predecessors, Paul Volker and Alan Greenspan.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
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Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler