Greenspan's bubbles
the Age of Ignorance at the Federal Reserve
- ISBN: 9780071591584
- Editorial: McGraw-Hill Publishing Co.
- Fecha de la edición: 2008
- Lugar de la edición: London. Reino Unido
- Encuadernación: Cartoné
- Medidas: 22 cm
- Nº Pág.: 208
- Idiomas: Inglés
This is the book that bursts 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 and 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.
