Greenspan's bubbles

Book Cover
Average Rating
New York : McGraw-Hill, 2008.
Central Adult Nonfiction
332.11 FLECK
Call Number
Last Check-In
Central Adult Nonfiction
332.11 FLECK
Mar 1, 2019

No matter who you are-investor, trader, homeowner, 401(k) holder, or CEO-you are bound to feel the impact of Alan Greenspan's “Age of Ignorance” for years to come.

According to MSN Money columnist William A. Fleckenstein, Greenspan's nearly 19-year career as Federal Reserve Chairman is even worse than anyone imagined. Labeled “Mr. Bubble” by the New York Times, Greenspan was nothing less than a serial bubble blower with a long history of bad decision-making. His famous “Greenspan Put” fueled the perception of a Goldilocks economy-but, as this explosive exposé reveals, the bear has finally caught up with Goldilocks.

Using transcripts of Greenspan's FOMC meetings as well as testimony before Congress, this eye-opening book delivers a timeline of his most devastating mistakes and weaves together the connection between every economic calamity of the past 19 years:

  • The stock market crash of 1987
  • The Savings & Loan crisis
  • The collapse of Long Term Capital Management
  • The tech bubble of 2000
  • The feared Y2K disaster
  • The credit bubble and real estate crisis of 2007

Fleckenstein explains just how far-reaching Greenspan's mess has been flung, and presents damning evidence that contradicts the former Fed chief's public naiveté concerning shifts in the market and economy. He also points to a disturbing fact, that throughout his career, Greenspan not only made costly mistakes, but made the same ones-over and over again. And not only was he never able to recognize or admit to those mistakes, he constantly rewrote his own history to justify them.

Greenspan's Bubbles offers a lock-stock-and-barrel portrait of a flawed but fascinating man whose words and actions have led a whole generation astray, and whose legacy will continue to challenge us in the years ahead.

More Details
Physical Desc:
x, 194 pages : illustrations ; 21 cm.
9780071591584 (alk. paper), 0071591583 (alk. paper)


Includes bibliographical references and index.
Also in This Series
More Like This
Reviews from GoodReads
Loading GoodReads Reviews.
APA Citation (style guide)

Fleckenstein, W. A., & Sheehan, F. (2008). Greenspan's bubbles. New York: McGraw-Hill.

Chicago / Turabian - Author Date Citation (style guide)

Fleckenstein, William A and Fred. Sheehan. 2008. Greenspan's Bubbles. New York: McGraw-Hill.

Chicago / Turabian - Humanities Citation (style guide)

Fleckenstein, William A and Fred. Sheehan, Greenspan's Bubbles. New York: McGraw-Hill, 2008.

MLA Citation (style guide)

Fleckenstein, William A., and Fred Sheehan. Greenspan's Bubbles. New York: McGraw-Hill, 2008. Print.

Note! Citation formats are based on standards as of July 2010. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
Staff View
Grouped Work ID:
Go To GroupedWork
Last File Modification TimeJul 02, 2019 04:52:05 AM
Last Grouped Work Modification TimeJul 02, 2019 04:48:56 AM

MARC Record

LEADER02169cam a2200457 a 4500
008080103s2008    nyua     b    001 0beng  
010 |a  2007051911
020 |a 9780071591584 (alk. paper)|q ;
020 |a 0071591583 (alk. paper)
035 |a (OCoLC)189666321
040 |a DLC|c DLC|d UtOrBLW
043 |a n-us---
049 |a VIAC
05000|a HB119.G74|b F55 2008
08200|a 332.1/1092|a B|2 22
09204|a 332.11 FLECK
1001 |a Fleckenstein, William A.|0
24510|a Greenspan's bubbles /|c by Bill Fleckenstein with Fred Sheehan.
264 1|a New York :|b McGraw-Hill,|c 2008.
300 |a x, 194 pages :|b illustrations ;|c 21 cm.
336 |a text|b txt|2 rdacontent.
337 |a unmediated|b n|2 rdamedia.
338 |a volume|b nc|2 rdacarrier.
504 |a Includes bibliographical references and index.
5050 |a A true accounting : the Greenspan era (1987-2006) -- How wrong can one man be? (1973-1987) -- The coronation of the Bubble King (1995-1997) -- The FOMC meets the Greenspan put--and yawns (1998-1999) -- Bubbleonians running the asylum : the bubble blow off (1999-2000) -- The stock bubble bursts : the tech miracle was a mirage (2000-2001) -- Home sweet home : housing saves us from the stock bubble (2001-2003) -- The housing hot potato : the real estate bubble fuels the ATM -- (2003-2007) -- The consequences of the loss of fear (2007 and beyond).
651 0|a United States|x Economic policy.|0
7001 |a Sheehan, Fred.|0
898 |a English qEnglish.
898 |a qBook.
898 |a qBibliographies.
898 |a qBiography.
907 |a .b13055033|b 10-22-18|c 01-25-11
998 |a can|b 08-02-18|c m|d a |e -|f eng|g nyu|h 0
910 |a 5182582
903 |a OCLC Holdings Updated 20110802
905 |a MARS
994 |a C0|b VIA
989 |g 1|i 202032283790|j 0|k  - - |l can |o -|p $22.00|q -|r -|s - |t 1|e  - - |d 03-01-2019 13:21|h 02-10-2019 13:54|u 46|v 5|w 0|x 2|y .i13286250|z 01-26-11