• Greenspan

    Greenspan Tell-All

    This May, the University of Texas Press will publish a book by Robert Auerbach, called “Deception and Abuse at the Fed: Henry B. Gonzalez Battles Alan Greenspan’s Bank.” In it, Auerbach questions the legitimacy of Greenspan’s Ph.D. thesis from NYU, implying that the paper was “obtained in a few months with little more rigor than […]

    / Mar 31, 2008 at 5:32 PM
  • Countrywide, Greenspan

    No! You Can Never Be Too Orange In Moz’s Eyes!

    I just saw (not so) “big al [Greenspan]” leaving the hotel on fifth ave (next to cipriani btwn 59th/60th). Not only does the guy have a Louis Vuitton luggage, he had an orange LV duffle. Seriously, what was he thinking?…I would have taken a picture if hadn’t been so nasty outside. The orange was similar […]

    / Feb 13, 2008 at 2:56 PM
  • Greenspan

    Greenspan: You Must Be Confusing Me With Someone Else

    An insane Alan Greenspan told an audience of investment bankers, private-equity companies, and Weekend at Bernie’s fans gathered in Chicago for the Midwest ACG Capital Connection conference that he, “didn’t know enough to comment on an agreement among Citigroup, Bank of America, and JP Morgan Chase to increase liquidity in the market for asset-backed commercial […]

    / Oct 23, 2007 at 12:57 PM
  • Greenspan

    The First Rule of Being Alan Greenspan Is That You Have To Piss All Over Anything That Doesn’t Have To Do With Alan Greenspan

    Not content with merely criticizing Ben Bernanke, and the Federal Reserve in general, Alan Greenspan has found a new punching bag in Citigroup, Bank of America, JP Morgan, and Wachovia’s $75 billion Master Liquidity Enhancement Conduit (MLEC), saying that it could have terrible consequences and risks doing more harm than good (and that “it’s name […]

    / Oct 19, 2007 at 1:49 PM
  • Greenspan

    Alan Greenspan—Kind of A Underhanded Dick, No?

    First, we want to offer a sincere congratulations to Alan Greenspan, for proving that in spite of his retirement and status as an octogenarian, the value of his opinions haven’t yet been placed somewhere between those of a house plant and Jim Cramer (in descending order). In fact, some people—okay, traders—even take his words to […]

    / Oct 2, 2007 at 1:20 PM
  • Greenspan

    Alan Greenspan Takes One Step Forward, Two Steps Back in Quest To “Talk/Act Like A Normal Person”

    In “fireside chat” to discuss his memoir, The Age of Turbulence: Adventures in a New World, Alan Greenspan shocked interviewer Daniel Yergin by using the words “I” and “yup.” Then he recounted entertaining (horribly indulgent, enabling) relatives at a young age by doing math problems in his head, and estimated a 42.35% risk of recession. […]

    / Oct 1, 2007 at 12:20 PM
  • Greenspan

    Alan Greenspan Has No Sympathy For Rich Pricks (His Words)

    Former Fed Chairman-cum-author/Deutsche Bank consultant Alan Greenspan said in interview with BBC Radio that he and other regulators were fully—blithely actually—aware of the risks imposed by the complex financial derivatives that helped to fuel the recent market turmoil that’s messed with your shit. So why wasn’t any action taken prior to last week? Because you […]

    / Sep 28, 2007 at 1:58 PM
  • Greenspan

    Greenspan Is a Bad Economist, Worse Boyfriend*

    This week Greenspan was everywhere defending his decision to encourage millions of Americans to take out variable mortgages in 2004, even while he was about to embark on a huge interest rate raising campaign. Even Barbara Walters poked fun at her old boyfriend, scoffing at Al’s real estate record on “The View” this week. Walters […]

    / Sep 24, 2007 at 1:42 PM
  • CNBC, Greenspan, Maria Bartiromo

    We Know What You’re Watching Tonight

    It’s Monday night and don’t kid yourself, you don’t have any plans. The most action you’re going to get tonight is from the vibrations of the treadmill as you speed walk across the belt (yeah, it’s early in the week so you better get your fanny to Equinox for at least 30 minutes cause you […]

    / Sep 17, 2007 at 3:13 PM
  • Bancroft, Companies, Dow, Greenspan, Newspapers, Rupert Murdoch, Wall Street Journal

    Burkle and Greenspan Meet With Dow Jones: Murdoch Meter Doesn’t Flinch

    Although a NewsCorp deal will likely may be announced this week, Ron Burkle and Brad Greenspan, two renegade investors no one takes seriously had a meeting with the Dow Jones board yesterday. The pair, who did not present an offer and have few, if any commitments from other investors, want to “buy out only those […]

    / Jul 11, 2007 at 4:43 PM
  • Greenspan

    Alan Greenspan Has Learned His Lesson, Gets His Best Ideas Naked

    There’s been a lot of speculation around these parts about the wisdom (or not-wisdom) of Alan Greenspan. Some people think he’s a guy we ought to listen to. Others have no problem displacing his words with the lyrics to “Pina Coladas” and the sound of crinkling newspaper when he speaks. Greenspan is apparently in the […]

    / Jun 4, 2007 at 11:44 AM
  • Greenspan

    Assessing Greenspan: Crazy Old Grandfather/Local Homeless Man Who Should’ve Been Put In A Home/Halfway House Years Ago Or Guy Who Knows What’s Up?

    A favored reader e-mails: “US markets (supposedly) reacted negatively to comments made by the ESTEEMED former Fed Chair Alan Greenspan, this time regarding his warning of a dramatic fall for Chinese markets…check this chart and tell me again why we should pay that close attention??”

    / May 23, 2007 at 3:27 PM
  • Greenspan

    Be Andrea Mitchell For A Morning

    And what a magical, magical morning it would be. Starting today and lasting until April 6, you can bid on breakfast with former Federal Reserve chairman Alan Greenspan0, at How much you’re willing to bid on this coveted prize probably depends on whether or not you think his forecasting ability is wildly exaggerated but […]

    / Mar 20, 2007 at 4:03 PM
  • FOREX, Greenspan

    Bloomberg: Pay No Attention To The Crazy Old Man Asking For Spare Change. It’s Just Alan Greenspan

    If there’s one thing you can say about Bloomberg’s Caroline Baum, it’s that she’s not afraid to take a hockey stick to the knees of an 81 year-old man. Yesterday it was crotchety old Carl Icahn, tomorrow is anyone’s guess. We’re going with an outpatient at Sloan-Kettering. Today’s recipient of Caro’s best (and mostly successful) […]

    / Mar 12, 2007 at 3:00 PM
  • Greenspan

    Ben Bernanke Would Never Pull A Stunt Like This

    Leave it to Alan “It’s not easy being” Greenspan to ruin our newly minted favorite holiday—Biggest LBO Ever Day. We thought we’d reached a point where we could expect, if not full on participation in the breaking of the coal burning energy plant-shaped piñata that Carney picked up on the way to work this morning, […]

    / Feb 26, 2007 at 1:25 PM
  • Greenspan, Wall Street History

    Irrational Exuberance Turns Ten

    Yes. That’s how long it’s been since Alan Greenspan sent the markets tumbling with his mention of “irrational exuberance” (a tip of our hats to Eddy Elfenbein for the reminder). Here are the words that sent panic waves through the hearts of many: Clearly, sustained low inflation implies less uncertainty about the future, and lower […]

    / Dec 5, 2006 at 2:42 PM
  • Greenspan

    The Mysteries of Alan Greenspan, Part II

    “Greenspan: Pricey oil no big deal, yet”–CNN Money. “Greenspan: Energy Costs May Stunt Economy”–ABC News. Now that’s what we’re talking about! Mysterious mutterings leading to completely opposite interpretations. It’s like having the Delphic Oracle testify in front of Congress. So. Best. Our favorite Greenspan story* has him writing his yearly predictions about the world economy […]

    / Jun 7, 2006 at 5:43 PM
  • Greenspan

    Greenspan: Oil is, like, expensive

    Today we got reminder of the time Before Bernanke. A time when we had a Fed chairman who didn’t so much as say things as riddle them. In Alan Greenspan’s first appearance before Congress since stepping down as the head of the Fed, Greenspan mixed the very obvious (oil is expensive) with the very conventional […]

    / Jun 7, 2006 at 4:45 PM

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