Alan Greenspan's First Year Viewed as Success
Martin Crutsinger, Ap, THE JOURNAL RECORD
WASHINGTON - A year ago, there was talk that Alan Greenspan might become the George ``Twinkle Toes'' Selkirk of the U.S. economy.
Like Selkirk, the journeyman baseball player who took Babe Ruth's place in the New York Yankees' starting lineup, Greenspan succeeded a legend.
How could this mild-mannered economist replace the towering Paul Volcker, who as chairman of the Federal Reserve Board grew so large in stature that he was often described as the second most powerful man in America?
In his first year as Fed chairman, Greenspan has done quite well, thank you, according to the testimomy of members of Congress, the Reagan administration and private …
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Publication information: Article title: Alan Greenspan's First Year Viewed as Success. Contributors: Martin Crutsinger, Ap - Author. Newspaper title: THE JOURNAL RECORD. Publication date: August 11, 1988. Page number: Not available. © 2009 THE JOURNAL RECORD. Provided by ProQuest LLC. All Rights Reserved.
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