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He has accomplished many things, from being a famous saxophone player, to receiving all the degrees he did, becoming a corporate director for many companies, chairman of the Council of Economics Advisers, to Chairman of the Federal Reserve. Alan Greenspan has done wonders for America, and I hope Ben Bernanke will do the same...
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Way back in June of 1987, President Ronald Regan nominated Mr.. Greenspan to succeed Paul Volcker. Right after the nomination, bond markets had the biggest one day drop in five years. People feared Alan Greenspan could not handle this, and obviously he proved them wrong. After his confirmation Mr.. Greenspan had to deal with his very first crisis, the 1987 stock market crash...
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