Alan Greenspan

Essay specific features

 

Issue:

Biographies

 

Written by:

Savannah S

 

Date added:

October 7, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 484

 

Was viewed:

940 times

 

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Essay content:

He most influential speech on the stock market was his December 5, 1996 comment about (irrational exuberance and unduly escalating stock prices. This speech led Japanese stocks to fall 3.2%. Before Alan Greenspan's appointment to the Federal Reserve System Board of Directors, he served as a corporate director for Aluminum Company of America, the Automatic Data Processing Inc, The capital Cities/ABC Inc, General Foods Inc, J...
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Morgan & Co Inc, Morgan Guaranty Trust Company of New York, Mobil Corporation, and The Pittston Company. He was also Chairman of the Council of Economics Advisers under President Gerald Ford from 1974 to 1977. Then, on May 18, 2004 he was nominated by President George W. Bush to serve for a fifth term as Chairman of the Federal Reserve...
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