Greenspan's Bubbles : The Age of Ignorance at the Federal Reserve.cFrederick Sheehan
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Author: Frederick Sheehan
Page Count: 208 pages
Published Date: 06 Feb 2008
Publisher: McGraw-Hill Education - Europe
Publication Country: New York, NY, United States
Language: English
ISBN: 9780071591584
File size: 40 Mb
Download Link: Greenspan's Bubbles The Age of Ignorance at the Federal Reserve
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This is the book that burst Easy Al's bubble - revealing the real story behind Alan Greenspan. "The New York Times" nicknamed him "Mr. Bubble" for his role in creating the two largest bubbles in recent years: in the stock market and the housing market. Now, MSN Money columnist Bill Fleckenstein reveals the unvarnished truth behind Greenspan's "Age of Recklessness". By slashing interest rates to bail out investors, Greenspan made a lot of people rich but his actions resulted in the dot-com disaster of 2000 and the mortgage mess of 2007. But Greenspan's recklessness goes back even further - to the crash of 1987, the Savings & Loan crisis, the implosion of Long Term Capital Management, and even the Asian crisis. This no-holds-barred account finally exposes Greenspan as the worst Fed Chairman ever - and offers an economic wake-up call for citizens and investors.
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