facebook
twitter
rss
account
search
search
Headlines

Week ahead: euro, stocks and anthrax.

QUERETARO, Mexico, Oct. 22 (UPI) -- The euro had a bad week last week, falling by 1.4 percent against the dollar and slipping under 90 U.S. cents.
IAN CAMPBELL, UPI Economics Correspondent

OECD, too, sees global slump

WASHINGTON, Oct. 19 (UPI) -- By now, it should come as no surprise that economists in both the private and public sector are forecasting the global economy heading further south, but it is worrisome when the projections are made by one of the more conservative institutions.
SHIHOKO GOTO, Senior Business Correspondent

Stocks end lower after losing early gains

NEW YORK, Oct. 17 (UPI) -- NEW YORK, Oct. 17 (UPI) -- Stock prices on the New York Stock Exchange and the Nasdaq Stock Market closed lower in choppy trading Wednesday as news of additiona

Greenspan weighs in on econ stimulus

WASHINGTON, Oct. 17 (UPI) -- Amid a congressional push to pass a large post-Sept 11 attack economic stimulus package, Federal Reserve Chairman Alan Greenspan testified to the Joint Economic Committee on the current state of the U.S. economy.
T.K. MALOY, UPI Deputy Business Editor

Stocks rise in moderate trading

NEW YORK, Oct. 17 (UPI) -- Stock prices on the New York Stock Exchange and the Nasdaq Stock Market were mostly higher in moderate trading at midday Wednesday, supported by favorable earni

Stocks end higher despite pressure

NEW YORK, Oct. 16 (UPI) -- Stock prices ended higher in active trading Tuesday after overcoming earlier pressure sparked by comments from the vice chairman of the Federal Reserve indicati

Book Review: The Fed

WASHINGTON, Oct. 16 (UPI) -- Most people think of the Fed as one person: Alan Greenspan. And when he talks, people listen.
WENDY WIRTH, Special to UPI

Stocks mixed in active trading

NEW YORK, Oct. 16 (UPI) -- Stock prices were mixed in active trading at midday Tuesday, pressured by comments from the vice chairman of the Federal Reserve indicating it is not known how

Global View: Euro-tortoise races US hare

QUERETARO, Mexico, Oct. 12 (UPI) -- The hare is on his back at the side of the road, panting. Is he dying? He is a pitiful sight yet many believe he will soon jump up and begin running again, overtaking that tortoise which has just ambled past, struggling himself with the hill.
IAN CAMPBELL, UPI Economics Correspondent

Global View: Euro-tortoise races US hare

, , Oct. 11 (UPI) -- The hare is on his back at the side of the road, panting. Is he dying? He is a pitiful sight yet many believe he will soon jump up and begin running again, overtaking that tortoise which has just ambled past, struggling himself with the hill.

Friedman opposes stimulus package

QUERETARO, Mexico, Oct. 9 (UPI) -- In an interview with UPI October 8, the Nobel Prize-winning economist, Professor Milton Friedman, was critical of the policy response of both U.S. President George W. Bush and Fed Chairman Alan Greenspan
IAN CAMPBELL, UPI Economics Correspondent

Fed thought twice before cutting rates

WASHINGTON, Oct. 4 (UPI) -- Policymakers had to convene twice before deciding to slash interest rates less than a week after the Sept. 11 terrorist attacks on the United States, according to the minutes of the Federal Reserve Board's policy-making committee released Thursday.

Senate mulls stimulus options

WASHINGTON, Oct. 3 (UPI) -- Treasury Secretary Paul O?Neill told Congress Wednesday that President Bush wants a stimulus plan of between $60 billion and $75 billion to avert a severe recession triggered by last month?s terrorist attacks.
P. MITCHELL PROTHERO

Administration tells Congress of recession

WASHINGTON, Oct. 2 (UPI) -- A top Bush administration official told the Senate Tuesday that the nation is entering a recession -- the first such admission by the White House -- even as Democrats and Republicans in Congress appeared to agree on the need for a stimulus package, but no
P. MITCHELL PROTHERO

Analysis: Running out of room?

WASHINGTON, Oct. 2 (UPI) -- The Federal Open Market Committee cut short term interest rates again Tuesday, for the ninth time this year, dropping the Federal Funds rate to 2.5 percent, from 6.5 percent at the beginning of the year and to its lowest rate since 1962.
MARTIN HUTCHINSON, UPI Business & Economics Editor
Page 52 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."
Quotes
Most Popular
1
Kendra Wilkinson to Hank Baskett: 'It's divorce time!' Kendra Wilkinson to Hank Baskett: 'It's divorce time!'
2
Erin Andrews has awkward interview with SF Giants' Hunter Pence Erin Andrews has awkward interview with SF Giants' Hunter Pence
3
Destroyers with ballistic missile defense capability heading to Japan Destroyers with ballistic missile defense capability heading to Japan
4
American fighting with Kurds in Syria: Civilians burned in chemical attack American fighting with Kurds in Syria: Civilians burned in chemical attack
5
Amber Rose declares her love for Wiz Khalifa Amber Rose declares her love for Wiz Khalifa
x
Feedback