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In this eye-opening account, Peter Hartcher re-examines the achievements of Alan Greenspan, the chairman of the Federal Reserve who presided over the 1990s stock-market bubble - perhaps the biggest speculative frenzy in history - and walked away when it came crashing down, with his reputation apparently unscathed. The US economy is still struggling with the fallout from Greenspan's tenure, which includes a bubble in housing prices, a rocky recovery and a vast federal deficit. His mistakes live on, as does the question of what to do about bubbles. Hartcher's careful investigation into the most financially expensive event in American history and the destructive legacy of the most powerful man in the world is a gripping tale of failed leadership, excess and the bizarre politics behind the world's most powerful economy.
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About the Author:
Former Washington bureau chief and associate editor of the Australian Financial Review, PETER HARTCHER is now the political and international editor for the Sydney Morning Herald.
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- PublisherW. W. Norton & Company
- Publication date2006
- ISBN 10 0393062252
- ISBN 13 9780393062250
- BindingHardcover
- Number of pages256
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