Word: greenspans
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Dates: during 1990-1999
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...Greenspan has his share of critics, including some who charge that he has succeeded more by style than substance...
...mask the shortcomings in a man who got to be Fed chairman in much the way Clinton got to be president--by impressing people with his intelligence, working to make people like him and holding his finger to the wind," an April 1995 Washingtonian magazine article wrote of Greenspan...
Despite the general praise that has been lavished on his long tenure as Fed chair and the booming economy that has resulted, a renewal of Greenspan for another four-year term is not yet certain. And this is only a matter of timing...
...presupposed Republican contender Texas Governor George W. Bush is elected, bad blood from his father's presidential tenure could spoil another Greenspan term...
While the Fed was set up to be an apolitical organization to control the nation's money, it far from upholds that aspect of its task--the position has become intensely political, many say. Greenspan acknowledges the political nature of his job arguing that it can be dealt with appropriately as a matter of style and personality...