The destructive legacy of the most powerful man in the world: Alan Greenspan, chairman of the Federal Reserve.

In this eye-opening account, Peter Hartcher reexamines the achievements of Alan Greenspan, the man who presided over the 1990s stock-market bubbleperhaps the biggest speculative frenzy in historyand walked away when it came crashing down, with his reputation apparently unscathed. The U.S. economy is still struggling with the fallout from Greenspan's tenure, which includes a bubble in housing prices, a rocky recovery, and a vast federal deficit. His mistakes live on, as does the question of what to do about bubbles.

Hartcher's careful investigation of the most financially expensive event in American history results in a gripping tale of failed leadership, excess, and the bizarre politics behind the world's most powerful economy.

Binding Type: Hardcover
Publisher: W. W. Norton & Company
Published: 05/17/2006
ISBN: 9780393062250
Pages: 231
Weight: 0.91lbs
Size: 8.44h x 6.68w x 0.89d

Review Citations: Publishers Weekly 03/27/2006 pg. 74
Library Journal 04/01/2006 pg. 106
Booklist 04/15/2006 pg. 12
Reference and Research Bk News 08/01/2006 pg. 156