JOHANNESBURG (Reuters) - Former Federal Reserve Chairman Alan Greenspan warned on Tuesday the U.S. economy was on the brink of a recession, with the chances of that happening at more than 50 percent. The U.S. economy has been hit by a credit crisis...
Much of the fall was attributed to comments about inflation and stock prices made by Federal Reserve Chairman Alan Greenspan to the House of Representatives Committee on the Budget. The comments did not, however, clarify the nature of these implied relationships. On the one hand, Greenspan stated that, “Re-emergence of...
In June, the US bond market began to collapse after a smaller than expected 25bp-interest rate cut by the FOMC. This sell off gathered steam on July 15th, following Federal Reserve Chairman Alan Greenspan's semi-annual speech to Congress forecasting a pick up in economic growth and essentially announcing that the...
JOHANNESBURG (Reuters UK) - Former U.S. Federal Reserve Chairman Alan Greenspan warned on Tuesday the U.S. economy was "on the brink" of a recession. He said via video link to an investment conference in Johannesburg the chances of that economy falling into recession were more...
Benjamin M. Friedman, a political economist at Harvard, has a review of Alan Greenspan's "The Age of Turbulence" in the latest issue of the New York Review of Books (see Chairman Greenspan's Legacy). Why read a review almost six months after its subject has been published? For its nuance and...
David Leonhardt in the New York Times wrote about his favorite economics book of the year in No. 1 Book, and It Offers Solutions. In what he calls "a very good year" for books on economics, he named Shannon Brownlee's Overtreated tops, and his column tells why. It...
Perhaps you've been hearing a bit about Alan Greenspan's new book lately? The former Fed Chairman has been out flogging his memoir, "The Age of Turbulence: Adventures in a New World," and from the media reaction we think sales should be alright. Greenspan was on 60 Minutes last night and...
Everyone, including managers, loves a good cloak and dagger story. But those looking for covert ops, shaken martinis, and secret handshakes will be disappointed to read Caroline Baum's opinion piece on Bloomberg.com today debunking conspiracy theories about the PPT. Unfamiliar with the acronym? It stands for something you're not supposed...
ONCE people called him "the maestro." John McCain said that he was such a good Fed chairman that he should stay in his position even after his death. People held him responsible for the boom of the 1990s. The cult of Alan Greenspan was sufficiently developed that when New Republic...
Three-part Series by Alec Klein and Zachary Goldfarb Traces Crisis from Its Origins to Today Plus an Interview with Alan Greenspan WASHINGTON -- In a three-part Washington Post series, Alec Klein and Zachary Goldfarb present one of the first comprehensive narratives explaining the recent U.S. housing...
MEXICO CITY AFP — Former Federal Reserve chairman Alan Greenspan told the Latin American Economic Forum here Friday that he sees a reduced possibility of a deep recession in the United States. "I think the worst is over," Greenspan said of US economic woes, speaking via video-conference from...
Dr. Alan Greenspan, Top Health Care Authorities Discuss Clinical, Financial and Operational Solutions to Growing Patient Safety Issue DUBLIN, Ohio, June 4 /PRNewswire-FirstCall/ -- In a move that reflects its continued commitment to fighting the spread and impact of hospital-acquired infections HAIs, Cardinal Health announced today that...
The Japanese yen is wilting again, primarily due to U.S. dollar strength, says Jason Yu, chief currency strategist for ODL securities. He says former Fed chief Alan Greenspan's recent comments that the credit crunch is easing, even while the housing market continues its decline, and the stabilization of the S&P...
The Japanese yen is wilting again, primarily due to U.S. dollar strength, says Jason Yu, chief currency strategist for ODL Securities. He says former Fed chief Alan Greenspan's recent comments that the credit crunch is easing, even while the housing market continues its decline, and the stabilization of the S&P...
LONDON AFP — A recession in the United States remains a probability, former Federal Reserve chairman Alan Greenspan said in an interview published Tuesday. Speaking to the Financial Times from Washington, Greenspan said he believed "there is a greater than 50 percent probability of recession." He...
Alan Greenspan Addresses 200 Top Wall Street Executives at Sybase Executive Summit at NYSE DUBLIN, Calif. -- Sybase, Inc. (NYSE:SY), the largest enterprise software and services company exclusively focused on managing and mobilizing information, today announced the results of an informal poll taken last Friday at the 2008...
The Corporate Executive Board's Cross-Disciplinary Conference, Anchored by Dr. Alan Greenspan, Examined Critical Issues Facing Leadership in Today's Turbulent Economy ARLINGTON, Va. -- Last week more than 300 C-level executives from around the globe gathered for a conference hosted by the Corporate Executive Board (NASDAQ: EXBD) addressing the...
Her view from the top: Since USA TODAY began its Best-Selling Books list in 1993, only four memoirs have entered the list at No 1: Hillary Clinton's Living History (2003), Bill Clinton's My Life (2004), Alan Greenspan's The Age of Turbulence (2007) and, this week, Barbara Walters' Audition. "How proud...
Dr. Alan Greenspan anchors Corporate Executive Board's first-ever cross-disciplinary conference in Chicago May 12-13 ARLINGTON, Va. -- Corporate Executive Board (NASDAQ: EXBD) will present "Crisis or Opportunity: Leading Through a Down Economy," a conference that features keynote speakers and executive panelists May 12-13 in Chicago. WHO:...
"I TRIED TO understand the essence of this new world," the now-retired Cuban dictator Fidel Castro said last September. "How did we get here ?" He was discussing what he gleaned from former Federal Reserve Chair Alan Greenspan's memoir The Age of Turbulence:Adventures in a New World. Fittingly,...
