The Fed's King of Bubbles

BOOK REVIEW
The Fed's king of bubbles
Greenspan's Bubbles - The Age of Ignorance at the Federal Reserve by William Fleckenstein
Alan Greenspan did not have to wait long before his reputation for guiding the US economy to a new age of economic prosperity was stripped of plausibility. The financial crisis now of global reach was underway well before his long tenure as US Federal Reserve chairman came to an end. The man's folly, and that of his obsequious inquisitors in Congress, is now fully exposed. - Julian Delasantellis

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