20 Hrs
Source:
Los Angeles Times
Alan Greenspan, ex-Fed chair, passes away
Alan Greenspan, former Federal Reserve Chairman, has died at age 100 due to complications from Parkinson’s Disease. He led the Fed from 1987 to 2006, overseeing a period of economic stability and growth, but his tenure was later reassessed after the 2008 financial crisis, with critics blaming his policies and deregulation for contributing to the Great Recession. Greenspan's influence was marked by increased transparency and a reputation for economic insight, though his legacy remains debated due to the market turmoil that followed his departure.
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