- Alan Greenspan KBE is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006
|When was Alan Greenspan born?||06 March 1926|
|How old is Alan Greenspan in 2018? ||91 years|
Alan Greenspan facts
- 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 (behind William McChesney Martin)
- Greenspan came to the Federal Reserve Board from a consulting career
- Although he was subdued in his public appearances, favorable media coverage raised his profile to a point that several observers likened him to a "rock star"
- Democratic leaders of Congress criticized him for politicizing his office because of his support for Social Security privatization and tax cuts, which they felt would increase the deficit
- The easy-money policies of the Fed during Greenspan's tenure have been suggested by some to be a leading cause of the dotcom bubble and subprime mortgage crisis, which occurred within a year of his departure from the Fed, and have, said the Wall Street Journal, "tarnished his reputation
- " Yale economist Robert Shiller argues that "once stocks fell, real estate became the primary outlet for the speculative frenzy that the stock market had unleashed"