Alan Greenspan

The Pilgrim Society and Alan Greenspan

TruthSeeker24's anti-N.W.O. corner (Free subscription) | 07/19/2008

http://americanendeavor.blogspot.com/2007/10/pilgrim-society-and-alan-greenspan.html A blog with relevant information for the world.

Housing/Subprime/Credit Roundup — July 23, 2008

The Johnsville News (Free subscription) | 07/23/2008

Items of Interest: If Bush thinks that 'Wall Street Got Drunk' does that mean that Alan Greenspan was the bartender? NY Times: A Private, Blunter Bush Declares, ‘Wall Street Got Drunk’ -- When he talks about why the economy is ailing, President Bush often turns to euphemism, citing “challenges in the housing and financial markets.” But Mr. Bush offered a far blunter assessment last week...

Andrea!!

The Inside Dope (Free subscription) | 07/23/2008

MSNBC's Andrea Mitchell, apparently excited to be asking a question of Barack Obama at a press conference in Jordan yesterday. Wonder if Andrea's husband Alan Greenspan will criticize her for " irrational exuberance ." As always, clicking on picture takes you to a larger version.

Economic Forecasts

UK Economics Blog (Free subscription) | 07/23/2008

"While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity." Alan Greenspan, October 2004, playing down the threat of a national housing bubble. Economic forecasts is certainly more of an art than a science. Put 10 economists in a room and the joke goes, you will get 11 different...

World stage offers Gordon Brown escape from political woes at home

Times Online - Peter Riddell (Free subscription) | yesterday

... alike (although he omits his own errors in permitting an unsustainable rise in spending and debt). Alan Greenspan, the former chairman of the US Federal Reserve, remains a close adviser. They talk about the role of speculators and the reform of international financial institutions, notably the International Monetary Fund. Mr Brown has answers but most are medium-term at best. He explains...

• World stage offers Gordon Brown escape from political woes at home - Times Online

Stephen C. Rose: Should Barack Obama Finesse Bohemian Grove?

The Huffington Post (Free subscription) | 07/24/2008

... and Richard Nixon, who both went on to become President, as well as regulars like Henry Kissinger, Alan Greenspan, David Rockefeller, Colin Powell, as well as George W. Bush and his father. According to the above, posted 11 July, the session has been going on for some time and will continue till the end of July. I have heard nothing of either Presidential candidate being there so...

World stage offers Gordon Brown escape from political woes at home

Times Online (Free subscription) | 07/24/2008

... alike (although he omits his own errors in permitting an unsustainable rise in spending and debt). Alan Greenspan, the former chairman of the US Federal Reserve, remains a close adviser. They talk about the role of speculators and the reform of international financial institutions, notably the International Monetary Fund. Mr Brown has answers but most are medium-term at best. He explains...

Bernanke blighted by tunnel vision

Asia Times (Free subscription) | 07/24/2008

... an economic slump, and abhorrent and paralyzing energy and food inflation. Like his predecessor Alan Greenspan, Bernanke squarely placed the blame for the growth in total market credit (rising from 280% of gross domestic product in 2000 to 349% and increasing at the rate of 11.6% a year during 2008) on speculators and securitization and not on the Fed's overly loose monetary policy....

The GoldBugg Report - July 22, 2008

Newsroom (Free subscription) | 07/22/2008

-Safe-haven lure likely to buoy gold over summer lull. -$1000 gold and $20 silver in sights again as investors flee financial stocks. -Gold is the only finite currency as JP Morgan once testified to Congress, "Gold is money and nothing else". Even more pertinently and more recently Alan Greenspan said "Gold still represents the ultimate form of payment in the world. Fiat money, in extremis,...

Paulson hedge fund now looks to buy banks

The Independent (Free subscription) | 07/24/2008

With its new-found influence, Paulson & Co has been able to sign up Alan Greenspan, a former head of the Federal Reserve, as an adviser and he is likely to be helpful to the new fund in assessing the capital needs of the banking sector for which he was once the chief regulator. The appointment raised a chuckle in dealing rooms across Wall Street when it was announced in January, since...

Fannie and Freddie

Cato-at-liberty (Free subscription) | 07/23/2008

... handing out campaign contributions to protect the agency’s subsidies. Federal Reserve Chairman Alan Greenspan and others have argued that Fannie and Freddie need to be subject to more regulatory control because they pose a threat to financial market stability. But a better solution is to make these and other GSEs play by the same rules as other businesses, and to end the distortions...

FOX Friends swat at Obama, complain about media coverage [News Hounds]

The Liberal Blog Network (Free subscription) | 07/23/2008

... For all the hype over the number of top-tier reporters traveling with the campaign, Mrs. Alan Greenspan/Andrea Mitchell has complained about press availability. David Gergen said Obama made a substantial gaffe in talking immediately following a meeting with Iraqi Prime Minister al-Malik; although his spokesman also made similar statements, it was deemed improper for Obama only. "The...

Bernanke's personal finances far less rocky than public ones

Democratic Underground (Free subscription) | 07/23/2008

... annuities.Bernanke, 54, took over the central bank in February 2006, succeeding longtime chairman Alan Greenspan, who also played it safe when it came to his own investments while at the Fed.Over the past year, Bernanke has been in crisis-management mode, trying to prevent housing, credit and financial debacles from sinking the economy. The Fed has aggressively sliced interest rates...

• Fed chairman's finances are no-frills - The Washington Times
• Bernanke keeps his cash in safe investments - Denver Post
• See the 6 articles on the same subject

US Fed chief Bernanke puts his trust in Canadian bonds

The Independent (Free subscription) | 07/23/2008

... to report. So far, at least, Mr Bernanke ranks behind his predecessor in the wealth stakes. Alan Greenspan, 82, and able now to make good money on the lecture circuit and from his memoirs, listed total assets of $4.1m to $8.9m in his last year in office in 2005. The chairman and other Fed board members are not allowed to own stock in banking organisations or shares of mutual funds...

Who's who on the new guest list at Chequers? (it helps if you are highbrow)

The Independent (Free subscription) | 07/23/2008

... included the surgeon Professor Sir Magdi Yacoub, the former head of the US Federal Reserve Sir Alan Greenspan, the best-selling historian Lady Antonia Fraser and Tony Hall, chief executive of the Royal Opera House. The editors of The Sun, The Mirror, the Daily Mail, The Guardian and The Independent also received invitations.Mr Brown's guest lists are also peppered with wealthy business...