Greenspan’s Legacy

Rumors have been floating around recently that 75-year old Fed Chairman Alan Greenspan may retire. Given the recent less-than-stellar performance of the economy and the disastrous stock market, many are calling into question the Maestro’s reputation as a monetary manipulator and economic fine tuner extraordinaire. Well, Alan does not want to leave town with his tail between his legs, so he has embarked on a public relations campaign to con the public into believing that events were beyond his control. The most recent round of his public relations campaign began the August 30th weekend as he, his U.S. banking buddies, … Continue reading Greenspan’s Legacy