Alan Greenspan, long-time US Federal Reserve chairman, dies at 100
Former US Federal Reserve Chairman Alan Greenspan has passed away at the age of 100. Known as a 'maestro' of the economy, he served for 18 years and was credited with guiding a major economic expansion before facing criticism for the 2008 financial crisis.
Why it matters
Greenspan's tenure shaped modern central banking policy and global market expectations for decades.
Alan Greenspan, the US Federal Reserve chairman proclaimed a wizard for guiding a then-record American economic expansion, only to see his lustre dimmed by the financial crisis that erupted less than two years after he stepped down, has died. He was 100.
The article provides a balanced historical overview of his career, acknowledging both his successes and the subsequent criticism.
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