Greenspan sees turmoil similar to 1987: report
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Former Federal Reserve Chairman Alan Greenspan said the current market turmoil is "identical" in many ways to that which occurred in 1987 and 1998, the Wall Street Journal reported in its online edition on Friday.
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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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This year's oil price surge will not be a replay of the oil shocks of the 1970s and 1980s that sent the United States into a series of recessions, Federal Reserve Chairman Alan Greenspan said Friday.
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Stock index futures fell on Friday ahead of monthly employment data seen as critical to the Federal Reserve's next policy decision, while former Fed chief Alan Greenspan signaled alarm about financial markets.
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The U.S. economy is showing early  signs of stagflation as growth threatens to stall while food  and energy prices soar, former U.S. Federal Reserve Chairman  Alan Greenspan said on Sunday.
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Federal Reserve Chairman Alan  Greenspan is expected to give the U.S. economy high marks but  offer few fresh interest-rate clues when he presents the  central bank's twice-yearly report to Congress this week.
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An unusually high degree of risk taking across asset classes made recent financial market turmoil all but inevitable, former Federal Reserve Chairman Alan Greenspan said on Sunday.
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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 world will be living with volatile oil prices for years to come, but this year's price spike should not be serious enough to push the country into a recession, Federal Reserve Chairman Alan Greenspan said Friday.
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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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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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The odds of a recession in the United States are "clearly rising" due to the slowing rate of economic growth, former Federal Reserve Chairman Alan Greenspan said in an interview with National Public Radio.
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Alan Greenspan, who served as Federal Reserve Chairman for 18 years and was the leading Republican economist for the past three decades, levels unusually harsh criticism at President George W. Bush and the Republican Party in his new book, arguing that Bush abandoned the central conservative...
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Former Federal Reserve Chairman Alan Greenspan sharply criticizes President George W. Bush's administration and Republican congressional leaders in his memoir for putting political imperatives ahead of sound economic policies, several newspapers reported on Friday.
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"Because we can't forecast crises or events like the stock market crash in 1987 or 9/11, we must be prepared and capable of absorbing shocks"  Former U.S. Federal Reserve Chairman Alan Greenspan said on Friday that U.S. interest rates are low, but that rates are low all over the world. via Scotsman.com
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Former Federal Reserve Chairman Alan  Greenspan said his successors at the U.S. central bank should  act cautiously in lowering interest rates because of inflation  risks, according to an interview published on Sunday.
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The U.S. economy is showing early signs of stagflation as growth threatens to stall while food and energy prices soar, former U.S. Federal Reserve Chairman Alan Greenspan said on Sunday.