Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve

by Frederick Sheehan (Author), William Fleckenstein (Author)

• Used

  Illustrated
  2008

  $5.62

  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.