Word: alan
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...these worrywarts was Alan Greenspan-a man not known for his gloominess (or his intelligibility). In August 2005, when he was still Federal Reserve chairman, Greenspan attributed what he called "lowered risk premiums" to the economic stability of the previous decade and said higher asset prices might reflect "the increased flexibility and resilience of our economy." But he warned that investors could turn cautious at any moment and that "history has not dealt kindly with the aftermath of protracted periods of low risk premiums...
...same day that Shanghai stumbled, the U.S. Commerce Department reported that orders of durable goods in America-a key indicator of economic health-had fallen sharply in January. That followed an unnerving speech by someone many consider the great economic forecaster of our era, former Federal Reserve Chairman Alan Greenspan. On Feb. 26, he warned in a speech that investors couldn't rule out the possibility of a U.S. recession in 2007, noting that corporate profit margins "have begun to stabilize, which is an early sign we are in the later stages of a cycle." Most economists had figured...
Martin Scorsese's The Departed, which last week won four Oscars, including Best Picture and Best Director, is an adaptation of Infernal Affairs, the 2002 Hong Kong thriller about triad gangs and police moles. Alan Mak, who co-wrote and co-directed Infernal Affairs, spoke with TIME's Peter Ritter about Scorsese, cops, and what should have...
...these worrywarts was Alan Greenspan--a man not known for his gloominess (or his intelligibility). In August 2005, when he was still Federal Reserve chairman, Greenspan attributed what he called "lowered risk premiums" to the economic stability of the previous decade and said higher asset prices might reflect "the increased flexibility and resilience of our economy." But he warned that investors could turn cautious at any moment and that "history has not dealt kindly with the aftermath of protracted periods of low risk premiums...
Look out, Henry Kissinger, someone else may be hogging all the wattage at the next Council on Foreign Relations meeting. The prestigious foreign-policy organization, with members like Dick Cheney, Condoleezza Rice and Alan Greenspan, has nominated globetrotting actress and tabloid fixation ANGELINA JOLIE for membership. Selection of members is based on their demonstrated interest in world affairs. Jolie, who spent Oscar weekend visiting refugees in Chad for the United Nations and who has adopted a son from Cambodia and a daughter from Ethiopia, clearly fills that bill. Frankly, we can't imagine anyone better to disarm a rogue state...