Tuesday, January 31, 2006

Goodbye Greenspan:

At midnight tonight Allan Greenspan will officially end his 19-year reign as Chairman of the Federal Reserve. Through both Republican and Democrat administrations he’s done a great job steering us out of recessions and keeping our engine running. If anything, he always gave the markets that psychological comfort that it needs.

LA Times has a great editorial on Greenspan that’s a good read.

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