18 Hrs
Source:
The Boston Globe
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Alan Greenspan passes away at 100
Alan Greenspan, the former Federal Reserve chair, died at age 100 from Parkinson's Disease complications. He led the Fed for 18½ years, overseeing a long economic expansion, but his reputation was damaged after the 2008 financial crisis, which critics linked to his policies promoting deregulation and easy money. Greenspan later acknowledged mistakes in trusting financial markets' self-regulation, and his legacy remains complex due to his influence on U.S. economic growth and the subsequent recession.
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