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Greenspan Economy

Alan Greenspan Painting You're Ever Going To See Is Owned By A Hedge Funder | Courtney Comstock | Posted 05.25.2011 | Business

Hedge fund manager Scott Walters commissioned a portrait of Alan Greenspan in 2005, which now hangs in his office at MaxCapital Markets. Of the Greens...

Oh Please

James K. Galbraith | Posted 05.25.2011 | Business
James K. Galbraith

The most telling omission in Greenspan's paper is that the word "fraud" does not appear. But the world knows that the collapse of the financial system had, at its core, the largest financial fraud of all time.

Alan Greenspan's Financial History for Lobotomy Victims

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Rejecting the capitalist values of choice and personal accountability, Greenspan filters history through an intellectual construct where no one -- most notably Alan Greenspan -- ever takes the blame.

Greenspan's Nightmare Is Much of the World's Dream

Mark Weisbrot | Posted 05.25.2011 | Home
Mark Weisbrot

Is there something wrong with this picture, that one of the world's most powerful economic decision makers, dreads the decline of mass unemployment and rising wages among people making 80 cents an hour?

Sam Stein

Greenspan: No Second Stimulus, We're "Getting Close" To End Of Job Losses (VIDEO) | Sam Stein | Posted 05.25.2011 | Politics

Former Fed Chairman Alan Greenspan said on Sunday that the U.S. economy was "getting close" to the point where it would stop losing jobs. But during h...

Jason Linkins

WaPo Jumps On "Underwear As Economic Indicator" Beat | Jason Linkins | Posted 05.25.2011 | Media

The Washington Post has some good news for everyone during these recessionary times: your recovery may be jobless, but more and more, people are buyin...

Sam Stein

Men's Underwear Sales, Greenspan's Economic Metric, Reveal Crisis | Sam Stein | Posted 05.25.2011 | Business

With reporting by Arthur Delaney As chairman of the Federal Reserve, Alan Greenspan was known for using quirky, proletariat metrics to judge the temp...

Greenspan: Put More Money In The Banks

Financial Times | Alan Greenspan , Financial Times, 26 Mar 2009 | Posted 05.25.2011 | Business

The extraordinary risk-management discipline that developed out of the writings of the University of Chicago's Harry Markowitz in the 1950s produced i...

AIG Anger and the Free Market Myth

Charles A. Clarkson | Posted 05.25.2011 | Business
Charles A. Clarkson

What do the Easter Bunny, the Tooth Fairy, Santa Claus and the "free market" have in common? None of them exist.

Alan Greenspan: Economy Worst Since 1930s, Tarp Insufficient, Supports Bank Nationalization

Huffington Post | Posted 05.25.2011 | Business

Former U.S. Federal Reserve Chairman Alan Greenspan said on Tuesday that the global recession will "surely be the longest and deepest" since the 1930s...

Sam Stein

Greenspan: This Is The Worst Economy I've Ever Seen | Sam Stein | Posted 05.25.2011 | Politics

Former Federal Reserve Chairman Alan Greenspan offered a woeful outlook of America's economic situation on Sunday, saying the crisis with the country'...

Greenspan: Worst Of Credit Crisis Over

Reuters | Posted 05.25.2011 | Business

Former Federal Reserve Chairman Alan Greenspan said on Thursday that the worst of the credit crisis is over, according to sources who attended a speec...

Greenspan: US "Clearly On The Edge" Of Recession

Reuters | Posted 05.25.2011 | Business

Former Federal Reserve Chairman Alan Greenspan on Thursday said the U.S. economy is "clearly on the edge" of a recession. Greenspan said the economy ...