Alan Greenspan, former Federal Reserve chairman who shaped U.S. economic policy, dies at 100
By
Daniel Arkin
Summary
Alan Greenspan, the influential former chairman of the Federal Reserve who served under four presidents across five terms, has died at age 100. He presided over the Fed during the longest economic expansion in U.S. history (1991-2001) and helped shape modern American capitalism from the Cold War era through the digital age. However, his legacy was later marred by criticism that his policies contributed to the conditions leading to the 2008 global financial crisis.
Source
bskyAlan Greenspan, former Federal Reserve chairman who shaped U.S. economic policy, dies at 100nbcnews.comKey quotes
· 3 pulledAlan Greenspan, the influential economist who steered U.S. monetary policy during his five terms as chairman of the Federal Reserve under four presidents, died Monday, according to his wife, NBC News correspondent Andrea Mitchell.
He presided over the Fed during one of the longest economic expansions in U.S. history, a boom stretching from 1991 to 2001.
But he was also faulted for decisions that critics say created the conditions for the global financial crisis.
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