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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.

Farewell free markets

WASHINGTON, March 24 (UPI) -- After nearly 30 years of intellectual and policy dominance, the apostles of free markets and free trade are giving way to the new high priests of regulation, protection and state intervention.
MARTIN WALKER, UPI Editor Emeritus
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.

Commentary: Klepto-capitalism

WASHINGTON, March 6 (UPI) -- The bursting of the housing bubble, which punctured the credit bubble, was a criminal enterprise at the outset, pooh-poohed at first by those who should have known better, that has now triggered a global economic crisis. The U.S. prison population is at an all-time high with 2.3 million behind bars, but the subprime con men/women are enjoying the fruits of their scams.
ARNAUD DE BORCHGRAVE, UPI Editor at Large

The almanac

UPI Almanac for Thursday, March 6, 2008.
By United Press International

Fearing the unknown

WASHINGTON, March 5 (UPI) -- The most dangerous feature of the subprime crisis is that nobody knows how big the losses could be.
MARTIN WALKER, UPI Editor Emeritus

The almanac

UPI Almanac for Sunday, March 2, 2008.
By United Press International

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.

The almanac

UPI Almanac for Friday, Feb. 1, 2008.
By United Press International

Turkish FM: U.S. launched war for Iraq oil

WASHINGTON, Jan. 14 (UPI) -- Turkey's finance minister says the United States is "after the oil" in Iraq, joining other high-profile officials making the assertion recently.

The almanac

UPI Almanac for Friday, Jan. 4, 2008.
By United Press International
Page 3 of 53
Photos
Alan Greenspan
Former Federal Reserve Chairman Alan Greenspan testifies during a Senate Homeland Security and Governmental Affairs Committee hearing on America's economic future in Washington on December 17, 2009. UPI/Kevin Dietsch
Wiki

Alan Greenspan (born March 6, 1926) 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 advisor 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.

Greenspan was born in the Washington Heights area of New York City. His father Herbert Greenspan was of Romanian-Jewish descent and his mother Rose Goldsmith of Hungarian-Jewish descent.

Greenspan attended George Washington High School from 1940 until he graduated in June 1943, where one of his classmates was John Kemeny. He played clarinet and saxophone along with classmate Stan Getz. He further studied clarinet at the Juilliard School from 1943 to 1944. Among his bandmates in the Woody Herman band was Leonard Garment, Richard Nixon's Special Counsel presidential special counsel. In 1945 Greenspan attended New York University where he earned a B.S. degree in economics summa cum laude in 1948 and an M.A. degree in economics in 1950. At Columbia University, under the tutelage of Arthur Burns, he pursued advanced economic studies but dropped out.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Alan Greenspan."
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