It might seem like a difficult job to give up, what with the fame, the power, and the access to a printing press that means you’ll never be short on cash. And considering it was the thing that defined him for almost twenty years, you might think giving up the gig might be hard for Big Al. But honestly, it really wasn’t. What probably helped the transition was the unlimited offers to headline conferences in the Maldives, pocket 300 large for a giving a 5 minute speech and then sip pina coladas with ten of UBS’s finest investor relations bunnies, the months of comedic relief associated with watching his successor get his ass torn out after having promised the guy “things are in pretty good shape” just before leaving the building, and the mornings off to watch the Price is Right. But…there a couple things McG does miss and today over a lunch of grilled Swordfish and Diet Coke, he unloaded on the FT. Hint: they involve 1) being paid to just shoot the shit about the previous night’s episode of Survivor and 2) a big hunk of love who probably gives great if not sweaty bear hugs.

When he was Fed chairman, he had dozens of the smartest economists in the world as a resource and endless conversations with brilliant colleagues and counterparts around the world. For him, personally, how much of a wrench was it to leave it all? The answer, it turns out, is not a huge one. He does hanker for the regular free-form meetings he used to have with Fed officials, sitting round for hours and talking about whatever interested him that day. Rather wistfully, he says he also misses the regular breakfasts he had with Larry Summers…Many colleagues regard Summers as abrasive, but Greenspan sounds affectionate. “We had a wonderful time,” he says. “I know the guy has a lot of people thinking he’s a little rough sometimes, but he is smart. Larry is really smart.”

Lar, if you’re reading this– give him a call.

Lunch With Alan Greenspan [FT]

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Comments (8)

  1. Posted by NakedShort | July 30, 2010 at 4:22 PM

    Dear Alan,
    Please shut the fuck up already. Every single day you open your mouth you embarass me. Please leave well enough alone and go put on your Depends. The damage has been done; just start praying that history will be kind to me.

    Warm Regards,

    Your Legacy

  2. Posted by guest | July 30, 2010 at 4:26 PM

    Timmy’s lemon poppy seed muffins are to die for.

  3. Posted by guest | July 30, 2010 at 4:31 PM

    Andrea can’t even make a decent cup of coffee.

  4. Posted by Anonymous | July 30, 2010 at 4:54 PM

    I wonder if they tell misogynistic jokes over eggs benedict…

  5. Posted by merkin capital partners | July 30, 2010 at 5:36 PM

    math, and fuckin?

  6. Posted by langco | July 30, 2010 at 7:24 PM

    what does he miss causing a depression or the countless millions of forclosures? why isnt this fool in jail?

  7. Posted by Jabba the Hut | July 30, 2010 at 9:58 PM

    Han, Han, I can’t make exceptions. What if everyone who smuggled for me dropped their cargo at the first sign of an Imperial Starship. It’s not good business.

  8. Posted by guest | August 1, 2010 at 9:38 PM

    Alan is like three blind mice.Unfortunately we are all paying the price for the vanity of this cat! Hopefully there will be a payback for his actions/non actions.

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