Word: greenspans
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After being treated like royalty for presiding over the longest economic boom in the nation's history, Alan Greenspan, 79, might well have expected his final year as Chairman of the Federal Reserve to be one triumphant victory lap. Instead, the man known as Maestro may not even get a standing ovation. The economy is showing signs of slowing growth and oil-fueled inflation, a potentially dire duality. The Dow Jones industrial average, a daily vote on prospects, is filled with undecideds. The volatile Dow plunged early last week and then rallied for its biggest one-day gain...
...doesn't help that Greenspan is now caught in the partisan warfare over Social Security privatization and the budget deficit. His credibility is being challenged by the likes of Senate minority leader Harry Reid, who in March called him "one of the biggest political hacks we have here in Washington." Just last week, during a Senate Budget Committee hearing, Greenspan essentially apologized for providing what Senator Paul Sarbanes called "a green light" for the 2001 tax cuts. "If that is the way it was interpreted, I missed it," Greenspan said of his support. "I did not intend it that...
Former Secretary of State Colin Powell, Former Vice President Al Gore ’69, Federal Reserve Chairman Alan Greenspan, Secretary-General of the United Nations Kofi Annan—this is only a sampling of recent speakers at Harvard’s Afternoon Exercises during Commencement. Owing to this nearly unbroken string of top politicians and economists invited to speak at Harvard’s annual graduation ceremony, the recent announcement of actor John A. Lithgow ’67 as this year’s speaker has caught some by surprise...
...Greenspan said he was still able to exploit the flaw as of March 28. “I haven’t looked at it lately,” he said...
...they’re trying to make it more difficult to find the files, but the fact is...I just was able to still see the information without logging on,” Greenspan said, as he experimented with the glitch during an interview with The Crimson...