And she always has so much fun doing it. We make a good team.
ALAN GREENSPANAlthough the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.
More Alan Greenspan Quotes
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Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
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Derivatives have permitted the unbundling of financial risks.
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Now, I only play very occasionally, and in fact, more piano than clarinet or sax.
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Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets.
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…our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.
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We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures.
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Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.
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If prices go down, we will have problems – problems in the sense of spillover to other areas.
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This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets.
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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
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Greenspan, who knew so much more than most, knew far less than most supposed.
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The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.
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I’ve been in and out of Wall Street since 1949, and I’ve never seen the type of animosity between government and Wall Street. And I’m not sure where it comes from, but I suspect it’s got to do with a general schism in this society which is really becoming ever more destructive.
ALAN GREENSPAN