Dig in for the long term as commodities slide Telegraph.co.uk, United Kingdom - 11 hours ago But just as “irrational exuberance”, to borrow Alan Greenspan’s famous phrase, may have pushed the market to giddying heights on the upside, it appears that ...
No silver lining... Business Standard, India - 13 hours ago Previous Fed Chairman Alan Greenspan’s policies helped mitigate Asian Flu and the Russian crisis, contributing to several years of unprecedented global ...
Emirates Business 24/7 Twenty reasons for the crunch Emirates Business 24/7, United Arab Emirates - 12 hours ago Alan Greenspan. One of Mr Greenspan's predecessors, William McChesney Martin, said his job was "to take away the punch bowl just as the party gets going". ...
Collectibility, Not Sale Price, Defines Worth of Loans Wall Street Journal - Oct 10, 2008 Mr. Butcher received a call from Federal Reserve Chairman Alan Greenspan asking Chase to provide liquidity to the brokerage industry, as total chaos was ...
What Do Terms 'Bubble,' 'Crash' Really Mean? Washington Post, United States - Oct 10, 2008 ARemember the phrase "irrational exuberance" popularized by former Fed chairman Alan Greenspan to describe the stock boom of the 1990s? ...
The Public be Damned By Henry J. Stern Yonkers Tribune, NY - 19 hours ago We observe that irrational panic on Wall Street is no more sensible than the “irrational exuberance” that Alan Greenspan warned about in December 1996. ...
Re: Creating And Sustaining The Unsustainable. OpEdNews, PA - 12 hours ago The unsustainable had to be sustained as long as possible, of course, so we got ARMs and Alan Greenspan. Any fool could see -- let me repeat that, ...
LETTER: Banking abuse followed by taxpayer abuse Journal Gazette and Times-Courier, IL - 9 hours ago Lawrence Summers, Senator John McCain, President George W. Bush and Alan Greenspan, as chairman of the Federal Reserve Bank. In each case the warnings were ...
Hard look at legacy Minneapolis Star Tribune, MN - Oct 9, 2008 Alan Greenspan championed derivatives and rejected regulation, an approach some blame for the current crisis. By PETER S. GOODMAN, New York Times "Not only ...
India would do well to launch own sovereign wealth fund Economic Times, India - 51 minutes ago Further, according to the Greenspan-Guidotti rule proposed by former Fed chief Alan Greenspan, the reserves should be no less than the short term debt ...
Anti-democratic nature of US capitalism is being exposed Irish Times, Ireland - 1 hour ago The immediate origins of the current meltdown lie in the collapse of the housing bubble supervised by Federal Reserve chairman Alan Greenspan, ...
Sold to the Taxpayer: A $700 Billion Lemon American Chronicle, CA - 7 hours ago Thus, regulation relented, and crooks got into business, helping themselves and setting traps for others. Alan Greenspan served as head of the Federal ...
NYT: Greenspan Backed Derivatives NewsMax.com, FL - Oct 9, 2008 Already battered by accusations that his easy money policy at the end of his term as Fed chair helped build the housing mess, Alan Greenspan faces new ...
Secondary Sources: Depression?, Recapitalization, Greenspan Wall Street Journal Blogs, NY - Oct 9, 2008 Greenspan’s Legacy: The New York Times takes a look back at the tenure of former Fed Chairman Alan Greenspan. “Ever since housing began to collapse, ...
Did Derivatives Cause the Crisis? Conde Nast Portfolio, NY - 12 hours ago They always claimed to be in the moving business, not the storage business -- but somehow they ended up storing an enormous quantity of debt which turned ...
The Economy, People’s Struggle and the Election Fight Back! Newspaper, MN - 41 minutes ago Nor can former Federal Reserve chairperson Alan Greenspan escape responsibility for the low interest rates and lack of enforcement that contributed to the ...