The Oracle Reveals All
Newsweek, September, 2007
Jon Meacham and Daniel Gross
Did the Fed cause the real-estate bubble to burst? Are we entering a recession? And who should be our next president? A candid conversation.
Having retired, former Federal Reserve chairman Alan Greenspan is no longer required to testify at length before Congress about the state of the global economy, the future direction of interest rates and the health of the stock market. But he was willing to sit down in his low-key Washington office for a two-hour tutorial with NEWSWEEK’s Jon Meacham and Daniel Gross. Some highlights:
NEWSWEEK: How should Americans judge your legacy as Fed chairman?
Greenspan: I was very fortunate. I emerged on the scene at the beginning of this extraordinary half-generation. And my tenure...
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