ArticlesReader.com Menu
Newest Articles
Most Viewed Articles
ArticlesReader.com RSS
Submit Article
Login
Signup
Search the articles

Articles Main Categories
Advice
Animals
Automobiles
Business
Career
Communications
Computer Programming
Computers
Entertainment
Environment
Family
Fashion
Finance
Food
Health & Medical
Home & Garden
Humor
Internet Business
Internet Marketing
Legal
Leisure & Recreation
Marketing
Other
Politics
Reference & Education
Religion
Self Improvement
Sports
Technology & Science
Travel
Writing
Subscribe
Receive alert message from us when new articles submitted to our site for free.

Enter your name

Enter your email

Syndicate

















Related Products
Home::Finance

Alan Greenspan – A Retrospective

Author : Dan Lewis
No one person has been praised or criticized for the economic progress of the United States over the last 20 years than Alan Greenspan. HereÂ’s his story.



Alan Greenspan



Alan Greenspan has led a prolific life in the financial industry. Many people consider him the single most powerful person in the country. With his February retirement approaching, letÂ’s take a look at this very interesting man.



Born in 1926 in New York City, Alan Greenspan was a strong student as shown by graduating summa cum laude with a bachelor of science in economics from New York University. He followed this up with a Masters and Ph.D. in economics from the same university.



From 1954 to 1974, Dr. Greenspan was CEO and a board member of Townsend-Greenspan, Inc., an economic consulting firm in New York. He served as an economic advisor in the administration of President Ford, but then returned to his previous position. He spent the next 10 years serving on various boards related to such subjects as foreign investment, social security reform and sustained economic growth. Alas, his life took a major change a few years after that.



In the summer of 1987, Greenspan took office as the Chairman of the Board of Governors of the Federal Reserve System for a member that had left the board. In 1992, he was appointed to a full fourteen year term by the first President Bush and has served every since. Unique in the back stabbing world of the federal government, Greenspan was considered to have a good relationship with President Bush (Republican) and President Clinton (Democrat). His relationship with the current President Bush has been strained at times as he is not one to be bullied by a politician. Still, this peaceful co-existence is rather remarkable.



When Alan Greenspan retires next month, one can expect to see a bit of nervousness in the financial markets. While Greenspan certainly had controversial moments, he is generally credited for steering the country through a stock market crash with as little pain as possible. He has also been credited with reacting aggressively to combat recessions by dropping interest rates to historic lows, rates that have resulted in the housing boom of the last five years.



All and all, we should hope his successor follows the approach of Dr. Alan Greenspan.


Article Source: http://www.articledashboard.com





Dan Lewis is with www.gwhomeloans.com - a San Diego mortgage brokers providing San Diego home loans. Visit www.gwhomeloans.com/services.html to learn more about options on San Diego mortgages from a San Diego mortgage broker company.





Spam emails More free articles

Related articles


  1. Summer's Interest Rate Mystery
  2. Dirty Money; be careful what you touch
  3. Protect Your Assets and Your Financial Future
  4. Financial Freedom for Doctors
  5. Financial Freedom for Lawyers
  6. Is My Money Safe? On The Soundness Of Our Banks
  7. Annuity Transfer - What Are The Risks
  8. Love, Marriage and Money
  9. How To Reduce Banking Fees
  10. Turning Your Trash Into Cash
  11. Saving Money: Finding What Works for You
  12. Treat Money Well To Attract More
  13. Has Psychology Stolen Your Investing Objectivity?
  14. "Will That Be Cash Or Credit?"
  15. Time Out
  16. Getting Some Perspective On Your Avoidance Habits
  17. 3 Steps to Personal Financial Success - Part III: Save Some Money
  18. Creating A Realistic Business Budget
  19. Don't Buy The Government Grant Guides From The Joker Or The Joke Will Be On You
  20. To Factor or Not to Factor?
  21. How To Balance Your Checkbook Instantly!
  22. Why Are So Many Americans Financially Dumb?
  23. Data Mining
  24. We The People, Must Follow Through
  25. Feespeak
More related feeds
They Can See Clearly Now - The Opinionator Blog - NYTimes.com
Either that or give me a job as your economist. I told my brother in Europe in February that the United States was in a recession. He laughed. I guess that means that little ‘ol citizen me is a WHOLE lot smarter than Alan Greenspan, ...

Paul Kedrosky: Greenspan Retrospective: Move Along -- No Housing ...
Greenspan Retrospective: Move Along -- No Housing Bubble Here. greenspan It alternately amusing and discouraging to look back at news stories from 2002/3 and see how studiedly ex-Fed chair Alan Greenspan dismissed the idea of a housing ...

Media Elite Dissects Itself In D.C. : Politics and Power ...
An Elizabethan printing press gleamed in one corner of the Great Hall as a bust of Shakespeare peered down indifferently on the likes of former Fed Chairman Alan Greenspan, Google C.E.O. Eric Schmidt, Lady Julia Sheinwald, and Bloomberg ...

The Adventures of My Pet Hamster » A Greens Function for Greed
This morning, over breakfast at the B&B where I am staying in Cincinnati, I saw that the New York Times ran a cover article on Alan Greenspan. It was a retrospective - given the mess the economy is in, what does he say now looking back? ...

Roger Repohl: CRAZYNOMICS
are now full of irrational exuberance at its salvific power. Even Alan Greenspan is repentant. It's like drunks falling off the temperance wagon: Dry for so long, they go on a bender. Actually, to modify the metaphor, they're just ...

This Day, September 23, In Jewish History
Rosen, The Age of Turbulence: Adventures in a New World by Alan Greenspan and The Coldest Winter America and the Korean War by David Halberstam. 2008: In Washington, DC, the Chaim Kempner Author Series hosts a discussion with journalist ...

2000: only time will tell. 2008: time has told.
the strict limits on portfolio size in the senate version have been sought by the bush administration and by alan greenspan, who is stepping down soon as chairman of the federal reserve. mr. greenspan and administration officials have ...

Bush and Obama’s Touching White House Visit -- Daily Intel -- New ...
Because there was nothing between them, except a thin layer of cashmere and worsted wool. Dudes could not keep their hands off each other. Obama started the touching, according to the Journal. "Taking a bit of prerogative, ...

Cubs Fans, With a Century of Disappointment, Might be Oblivious to ...
Alan Greenspan? Patience has been served on tap at Wrigley Field for more than a century. Soriano was not alone in contributing to the collapse. It was a team effort. Ryan Dempster had been nearly unbeatable at Wrigley Field. ...

FORA.tv - Yves Saint Laurent: Eternal Style
Join us for a revealing look at Saint Laurent and his cultural impact through the views of diverse speakers who each present a talk on an aspect of the designer's work.Videos of Saint Laurent's 2002 retrospective runway will be played ...

 


 

© 2007 articlesreader.com - All Rights Reserved