Greenspan points to market 'fear'
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Current financial turmoil is similar to that seen in earlier stock market crashes, former Federal Reserve boss Alan Greenspan warns.
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Alan Greenspan, Federal Reserve chairman, yesterday gave the dollar a further push lower as he said the huge US current account deficit threatened to scare off foreign investors.
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Investors' appetite for U.S. assets  will eventually dwindle and the United States must reduce its  budget deficit to prevent major economic damage, Federal  Reserve Chairman Alan Greenspan said on Friday, in remarks that  hit the dollar hard.
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The Federal Reserve tried to soothe Wall Streetâs nerves on Wednesday, but a fund manager frayed them by warning that two pillars of the financial markets might crumble.
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China's plunge and Greenspan's gloomy words spooked investors. But views on the economy's future are divided
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FRANKFURT Alan Greenspan came to the home of the euro on Friday and warned anxious Europeans to expect little relief from the dollar&#39;s relentless decline against their currency.
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Former Federal Reserve Chairman Alan Greenspan warns in his memoir that if the Fed is to keep the inflation rate between 1 and 2 percent in coming years it could be required to force interest rates into double digits, according to a report in the Wall Street Journal.
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Former U.S. Federal Reserve Chairman  Alan Greenspan said on Wednesday he feared a &quot;dramatic  contraction&quot; in Chinese stocks but said the global economy may  be able to shrug off a drop in asset prices.
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Former Federal Reserve Chairman Alan Greenspan said Thursday night the American economy is "clearly on the edge" of a recession, and he pointed to the depressed housing market as a primary culprit.
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Alan Greenspan, the chairman of the Federal Reserve, said on Friday that the long-term outlook for global oil supplies is reassuring even though anxiety about dwindling
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Federal Reserve Chairman Alan  Greenspan on Friday said he was very worried Congress would try  to thwart efforts by the Financial Accounting Standards Board  to require expensing of stock options.
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Former U.S. Federal Reserve Chairman Alan Greenspan told a Tokyo seminar on Thursday that he does not think economic slowdown in his country is "probable," toning down his earlier warning over a recession later this year.
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Alan Greenspan, Federal Reserve chairman, argued with leading real estate analysts who concern that potential buyers have become victims in a speculative property bubble that Federal Reserve is partly in charge for such situation.
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Former Federal Reserve Chairman Alan Greenspan said his successors at the U.S. central bank should be cautious about cutting interest rates because of inflation risks, and he forecast home prices will drop further, according to interviews published on Sunday.
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Federal Reserve Chairman Alan Greenspan shook financial markets yesterday with a warning that foreign nations may tire of financing the huge US trade and budget deficits.
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China's stock plunge and Greenspan's gloomy words helped spook investors. But opinions on the economy's future are divided
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Former Federal Reserve chairman Alan Greenspan compares the current financial market turbulence to prior crises that have engulfed stock markets and the US economy.