Archive for the 'Alan Greenspan' Category

Alan Greenspan responses to critics - We will never have a perfect model of risk

Alan Greenspan responses to critics - We will never have a perfect model of risk
On March 17, Alan Greenspan wrote an article for the FT entitled “We will never have a perfect model of risk“, in which he argued: “We will never be able to anticipate all discontinuities in financial markets.” He concluded: “It is [...]

April 9th, 2008 | Posted in Alan Greenspan, Central banks, Finance studies, US economy, US policy | 3 Comments

Alan Greenspan does not bear most of the blame: the reason behind economy

Alan Greenspan does not bear most of the blame: the reason behind economy
When a wave of destruction hits, everybody looks for somebody to blame. Alan Greenspan, former chairman of the US Federal Reserve, once lauded as the “maestro”, has, to his discomfort, become the scapegoat. But even though I dare to disagree with him on [...]

April 9th, 2008 | Posted in Alan Greenspan, Finance studies, US Federal Reserve, credit squeeze | 1 Comment