Alan Greenspan
Alan Greenspan
Alan Greenspanis an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006, after the second-longest tenure in the position...
NationalityAmerican
ProfessionEconomist
Date of Birth6 March 1926
CityNew York City, NY
CountryUnited States of America
Roger was the major policy maker during 9/11.
What I see in the corporate sector is very clearly an issue of a major shortfall in the issue of, what some people call confidence, but whatever you want to call it. Clearly people are looking out in the very distant future and they are saying that it is too complex.
One of the major problems with China is that its innovation is largely borrowed technology.
through education and training, not by restraining the competitive forces that are so essential to overall rising standards of living of the great majority of our population.
Through most of last year's slowdown, in contrast to the usual pattern, the household sector was a major stabilizing force, ... As a consequence, although household spending should continue to trend up, the potential for significant acceleration in activity in this sector is more limited.
We don't endeavor to manipulate the bond market to act as a proxy, ... The major reason is we wouldn't know how.
Derivative instruments were bystanders, ... They may well have intensified the losses in underlying markets, but they were scarcely the major players.
The U.S. economy appears to have withstood a set of blows -- major declines in equity markets, a sharp retrenchment in investment spending, and the tragic terrorist attacks of last September -- that in previous business cycles almost surely would have induced a severe contraction,
The major attraction of personal or private accounts is that they can be constructed to be truly segregated from the unified budget,
The major element of the control of leverage and capital is the structure of the counterparty relationship,
It is possible to get markets which are too tight, which create inflationary imbalances and ultimately undercut the recovery,
I thought that the initiative that the Senate produced was very important and very effective,
It has been an extraordinary privilege to be able to serve my country at the Federal Reserve, and I would be honored if the Senate saw fit to enable me to continue this association for another four years,
It is becoming increasingly difficult to deny that something profoundly different than the postwar business cycle has emerged in recent years,