Word: greenspans
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Dates: during 2000-2009
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...Alan Greenspan The king of easy money and little oversight kept the economy greased with low interest rates, but now the former Fed chairman is answerable for having made lending too available, especially to people who really couldn't afford to borrow...
...tearful Alan Greenspan confessed yesterday that he never was Chairman of the Federal Reserve Board, as he alleged in his best-selling autobiography, Irrational Exuberance, published last fall. The book's melodramatic descriptions of gray-haired men sitting around large conference tables talking about things like "libor" and "basis points" were "complete fiction," Greenspan now admits. He said he would return the $8.5 million advance he received from his publisher "just as soon as I can get back to the Fed and print it. Oh, wait. I made that up. I've never been inside the Fed in my life...
...McCain, who was delivering a much grimmer message: the lost jobs were gone forever, and Michiganders needed to think harder about worker retraining. McCain - who had joked in New Hampshire that "the issue of economics is not something I've understood as well as I should. I've got Greenspan's book" - seemed to have little feel for Michigan's pain or the forces that were driving...
...sport, mental and athletic, and controlled yet sometimes undisciplined,” wrote Zuckerberg in response to the prompt asking about his most meaningful activity. What does Zuckerberg’s essay reveal (besides the fact he took geekiness to a whole new level)? Expos preceptor Elizabeth L. Greenspan offers the following critique of Zuckerberg’s essay: “Zuckerberg seems to be offering up ‘fencing’ as a metaphor for himself, that Zuckerberg is–or imagines himself to be–‘both social and sport, mental...
...sale could send the dollar tumbling - as happened earlier this month when a Chinese official suggested China might shift some of its currency reserves to offset the "weak" dollar. The notion that the days of the dollar's dominance are numbered is, in fact, increasingly popular. In September, Alan Greenspan, former chief of the U.S. Federal Reserve, said it's "absolutely conceivable that the euro will replace the dollar as [the] reserve currency, or will be traded as an equally important reserve currency." If that ever happens, says HSBC chief economist Stephen King, "the dollar goes into free fall...