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Bubble man: Alan Greenspan and the missing 7 trillion dollars

 Format: Print  Author/s: Hartcher, Peter  Call Number: HG4910 H36 2006  Publisher: W.W. Norton & Company  Place of Publication: New York  Date of Publication: 2006  ISBN: 0393062252  Pages: 231  Language: English  Dimension: 23 cm  Tags: Alan GreenspanFinancial crises -- United States -- History -- 20th centurySpeculation -- United States -- History -- 20th centuryUnited States -- Economic policy |
 About the Resource:

The destructive legacy of the most powerful man in the world: Alan Greenspan, chairman of the Federal Reserve.


In this eye-opening account, Peter Hartcher reexamines the achievements of Alan Greenspanthe man who presided over the 1990s stock-market bubble—perhaps the biggest speculative frenzy in history—and walked away when it came crashing down, with his reputation apparently unscathed. The U.S. economy is still struggling with the fallout from Greenspan‘s tenure, which includes a bubble in housing prices, a rocky recovery, and a vast federal deficit. His mistakes live on, as does the question of what to do about bubbles.


Hartcher’s careful investigation of the most financially expensive event in American history results in a gripping tale of failed leadership, excess, and the bizarre politics behind the world’s most powerful economy.

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