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17 unusual facts about Alan Greenspan


2003 world oil market chronology

June 10: Federal Reserve Chairman Alan Greenspan notes that rising natural gas prices in the United States could have a negative impact on the economy in the months ahead if prices remain at high levels.

Adam Smith College

The Adam Smith Lecture series has attracted prestigious national and international speakers including: Alan Greenspan KBE, who spoke while Chairman of the Federal Reserve in the USA; and Sir Mervyn King, Governor of The Bank of England, both of whom were introduced by The Rt Hon Gordon Brown MP, former Prime Minister and last Chancellor of the College.

Arminio Fraga

Fraga has been called the Alan Greenspan of Latin America for his skillful handling of Brazilian monetary policy during his tenure as CBB president.

Audition: A Memoir

Walters discusses her work and personal life, confessing to an affair with Senator Edward W. Brooke and describing her relationship with Alan Greenspan.

Colin Nugent

Colin Nugent succeeded in presenting Alan Greenspan with an 'At Least I Tried' badge, won a favourable response from David Miliband after a plea for him to show his left wing side and attend more military parades, and received a Christmas card from Goodwin after sending him a bag of chocolate money as a present.

Douglas W. Elmendorf

Elmendorf only stayed a year at the CBO as a principal analyst before heading to the Federal Reserve Board as an economist while Alan Greenspan headed it.

Frank N. Ikard

Former Congressman Frank Ikard once wisecracked that Alan Greenspan is "the kind of person who knows how many thousands of flat-headed bolts were used in a Chevrolet and what it would do to the national economy if you took out three of them".

International status and usage of the euro

Former Federal Reserve Chairman Alan Greenspan gave his opinion in September 2007 that the euro could indeed replace the US dollar as the world's primary reserve currency.

Leonard Garment

Garment has had a long association with the arts, starting with his early career as a jazz saxophonist with Woody Herman's band playing with Alan Greenspan before he entered law school.

Oil reserves in Mexico

In June 2007, former U.S. Federal Reserve Chairman Alan Greenspan warned that declining oil production in Mexico could cause a major fiscal crisis there, and that Mexico needed to increase investment in its energy sector to prevent it.

Oregon tax revolt

Others observe that the situation was much more complex, pointing to the loose monetary policy pursued by Alan Greenspan, including adjustments to the CPI that measured homeowners equivalent rent instead of actual home price, a recovering economy in the region, and numerous other factors.

Peter Hartcher

Bubble Man: Alan Greenspan and the Missing 7 Trillion Dollars, Hartcher's critique of the Federal Reserve Board's management of the US economy through the years of irrational exuberance, was published in 2004 to a mixed reception in the US, where Greenspan retained his iconic status, but was met with greater critical enthusiasm internationally.

Predictive modelling

The models produced impressive profits until a spectacular debacle that caused the then Federal Reserve chairman Alan Greenspan to step in to broker a rescue plan by the wall street broker dealers in order to prevent a meltdown of the bond market.

Raghuram Rajan

In 2005, at a celebration honoring Alan Greenspan, who was about to retire as chairman of the US Federal Reserve, Rajan delivered a controversial paper that was critical of the financial sector.

Sonny Bloch

The Sonny Bloch Show featured such prominent guests as Chemical Bank's Irwin Kellner and Federal Reserve Chairman Alan Greenspan.

The Ayn Rand Cult

The last of these chapters is about the most famous member of the Collective, former Federal Reserve Board chairman Alan Greenspan.

Washington Agreement on Gold

The Washington Agreement on Gold was signed of 26 September 1999 in Washington, D.C. during the International Monetary Fund (IMF) annual meeting, and the US Secretary of the Treasury, Lawrence Summers, and the Chairman of the Federal Reserve, Alan Greenspan, were present.


Rudolf Ferscha

The Futures Industry Association, Federal Reserve Chairman Alan Greenspan and German Finance Minister Hans Eichel supported its application to become a US-regulated exchange.

United States v. Alcoa

Former Federal Reserve chairman Alan Greenspan criticized United States v. Alcoa as a young man in 1966, in an essay published in Capitalism: The Unknown Ideal.

Whip inflation now

In his book The Age of Turbulence, Alan Greenspan as the Chairman of the Council of Economic Advisors recalled thinking "This is unbelievably stupid" when Whip Inflation Now was first presented to the White House.