Alan Greenspan

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Alan Greenspan

Chairman of the Federal Reserve from 1987 to 2006. He was chairman during both the 1987 stock market crash and the Asian financial crisis in the 1990s. In both circumstances, he saw to it that the Federal Reserve served as a source of liquidity in order to ensure the global economy continued to function. He kept interest rates low during the dot-com bubble of the 1990s. He was criticized during the late 2000s recession for supporting the unfettered free market policies that led to the housing bubble and unregulated derivatives. He became a friend and follower of Ayn Rand in the 1950s and remains controversial today.
References in periodicals archive ?
Exactly 21 years ago, in a speech delivered on 5 December 1996, then US Fed Chairman Allan Greenspan used the term "irrational exuberance" to warn investors that the spectacular rally in stock prices during the period could potentially signal that global stock markets were overheating.
Exactly 21 years ago, in a speech delivered on December 5, 1996, then US Fed Chairman Allan Greenspan used the term 'irrational exuberance' to warn investors that the spectacular rally in stock prices during the period could potentially signal that global stock markets were overheating.
25% perpetuating what Allan Greenspan has called a "conundrum," the perplexing phenomenon where the Treasury has resiliently remained low despite rising rates.
During the years since the creation of the TC, Paul Volcker and Allan Greenspan, both Trilateralists, have managed the nation's economic life as chairmen of the Federal Reserve.
We need a visionary for the nutraceuticals industry--think about what Bill Gates is to the computer industry or what Allan Greenspan is to the financial industry.
Si, claro: es Allan GreensPAN, no podria ser GreensPRI.
Another impact on that day of trading was favorable comments from the usually cautious Federal Reserve Chairman, Allan Greenspan, about an economic soft landing that the market interpreted as a cease-fire on the fight on inflation through interest rate hikes.
But this forecast is contradicted by a June 1995 statement by US Federal Reserve Board chair Allan Greenspan predicting that the economy could shrink marginally.
Just last fall, Fed Chairman Allan Greenspan warned the banking industry that it remained an open question whether current loan standards were adequate.
Former Federal Reserve Chairman Allan Greenspan in his remarks at a 2004 conference on Economic Policy Research, at Stanford University.
Allan Greenspan seemed to indicate that the recent slowdown in the economy's rebound, especially in job growth, was merely a temporary affliction, a prediction many in real estate agree with--but not without an air of caution.
Asi, en el ambito de la actual crisis asiatica, es dificil pensar que algunas economias puedan evitar las consecuencias negativas de la misma; ello independientemente de su nivel de desarrollo; el propio presidente de la Reserva Federal de Estados Unidos, Allan Greenspan (AG) advirtio recientemente que Estados Unidos no podra aislarse de la crisis asiatica, ya que "dada la amplitud de la inevitable desaceleracion en el crecimiento de esa area en el mundo, el avance de nuestras exportaciones tendera a disminuir en intensidad; ademas, habra un efecto via Japon", aunque AG preve que el impacto total de la crisis en Estados Unidos sera relativamente limitado por la fortaleza que ha tenido su economia en los ultimos siete anos.