TechSpin: Tarnish on the Greenspan Halo

Dreyfuss, Joel
September 2008
Red Herring;9/16/2008, p9
Trade Publication
This article reports that the Wall Street meltdown has affected former U.S. Federal Reserve Chairman Alan Greenspan's reputation. According to Greenspan's editorial piece in the December 2008 issue of the "Wall Street Journal," his easy money policy had little to with the growing credit problems. Economist Joseph Stiglitz thinks that both the financial institutions and regulators are responsible for the current meltdown. He points out that Lehman Brothers' bankruptcy reflects a lack of trust in the industry.


Related Articles

  • A dose of realism. Ramsey, Bruce // Liberty (08941408);Jan/Feb2009, Vol. 23 Issue 1, p18 

    The author focuses on the testimony of Alan Greenspan, former U.S. Federal Reserve, regarding the financial crisis in 2008. He notes that the testimony of Greenspan was expected to be denounced by some libertarians as the former is a realist. Greenspan blamed the big institutional investors for...

  • Bob Rubin and the Asian bubble.  // International Economy;Nov/Dec97, Vol. 11 Issue 6, p4 

    Looks at the reaction by European Group of Seven policymakers to the testimony of United States Federal Reserve Chairman Alan Greenspan, on Asian financial market difficulties before the House Banking Committee on November 13, 1997. Excerpt from the testimony; Speculation concerning the...

  • Greenspan's Anguish. EGGERT, JAMES // Progressive Populist;12/15/2010, Vol. 16 Issue 22, p22 

    The author discusses how economist Alan Greenspan managed the U.S. amidst the economic crisis and suggests to choose economic consciousness that will lead to a sustainable and healthy future for the world and children.

  • FINANCIAL CRISES: PREVENTION, CORRECTION, AND MONETARY POLICY. Sánchez, Manuel // CATO Journal;Fall2011, Vol. 31 Issue 3, p521 

    The article discusses the financial crisis in the U.S. and elsewhere in the early 21st century. The author argues that central banks can provide price stability that, in addition to the author's call for wise economic policies and sensible governmental regulations, will prevent future economic...

  • Twilight of the Capitalist Gods. Freedman, Michael // Newsweek (Pacific Edition);12/29/2008 (Pacific Edition), Vol. 152/153 Issue 26/1, p18 

    The article speculates on the economic conditions of the U.S. through 2009. Statements made by Alan Greenspan on capitalism are presented. The financial troubles of companies such as Lehman Brothers, AIG, and Bear Sterns are also looked at. The author looks forward to the appointment of Lawrence...

  • Joseph stiglitz Time to reinvent the global economy. Yaïche, Hichem Ben // African Business;Apr2010, Issue 363, p68 

    An interview with writer Joseph Stiglitz is presented. When asked about his book "Free-fall," he stated that he wants to interpret the citizen's behaviors regarding economic crisis in his book. He believes that one should learn that the markets do not regulate themselves after the financial...

  • The Stiglitz Contribution. Ha-Joon Chang // Challenge (05775132);Mar/Apr2002, Vol. 45 Issue 2, p77 

    The article analyzes the major theoretical thinking of economist Joseph Stiglitz about economic development in developing countries. During his tenure as the chief economist of the World Bank, Stiglitz produced more than thirty speeches, lectures, and papers. His work at the bank falls roughly...

  • Explaining Economic Crises: Are There Collective Representations? Thagard, Paul // Episteme (Edinburgh University Press);2010, Vol. 7 Issue 3, p266 

    This paper uses the economic crisis of 2008 as a case study to examine the explanatory validity of collective mental representations. Distinguished economists such as Paul Krugman and Joseph Stiglitz attribute collective beliefs, desires, intentions, and emotions to organizations such as banks...

  • The financial crisis.  // IBA Global Insight;Dec2012/Jan2013, Vol. 66 Issue 6, p22 

    The article presents the text of the speech delivered by Nobel Prize-winning economist Professor Joseph Stiglitz at the opening ceremony at the International Bar Association Annual Conference in Dublin, Ireland. Stiglitz highlighted the need for the U.S. to have structural transformation. He...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics