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| Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve | 
 enlarge | Authors: William Fleckenstein, Fred Sheehan
Publisher: McGraw-Hill
Category: Book
List Price: $21.95
Buy New: $11.73
You Save: $10.22 (47%)
Buy New/Used/Collectible from $9.48
Avg. Customer Rating:  (33 reviews)
Sales Rank: 15373
Languages: English (Original Language), English (Unknown), English (Published)
Media: Hardcover
Edition: 1
Number Of Items: 1
Pages: 208
Shipping Weight (lbs): 1.6
Dimensions (in): 8.1 x 5 x 0.9
ISBN: 0071591583
Dewey Decimal Number: 332.11092
EAN: 9780071591584
ASIN: 0071591583
Publication Date: January 16, 2008
Availability: Usually ships in 1-2 business days
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| Customer Reviews:
 You Can't Dispute the Facts Provided in the Book July 6, 2008
Shocking!! Great facts supporting the book. Truly shocking to see how irresponsible Greenspan acted in cuting rates when there was no evidence to support these cuts. From this book you can understand how Greenspan's ego created long term troubles for the US economy which could have resulted in shorter recessions. He even encourages fellow Americans to seek adjustable rate mortages (p. 155). Unbeleivable!!!
Greenspan: Idiot or economic charlatan? June 28, 2008
This book is hardly cozy, bedtime reading, but its short length (194 pgs.)
makes it fast reading. Author Fleckenstein takes the former Fed Chairman's public pronouncements over the course of the 1980s into the 2000s, and contrasts them with the Chairman's statements during Fed deliberations from the same period, the transcrips of which have recently
been releassed. In my opinion the result shows that Greenspan's reckless policies are directly responsible for the recently-popped lending and housing bubbles that we'll all end up paying for via monetary inflation.
Reading this book (among others) makes me want to move to Switzerland where I can be out of reach of results of inflationary Congressional action about to take place to bail out builders, borrowers and bankers.
Very good recap of the Greenspan follies June 28, 2008
Quick and easy read, I knocked it out in one night. I could not put it down once I got started. The book only furthers my opinion that it is time for the abolishment of the Federal Reserve. It is time to put Mr. Greenspan on trial for the crimes he has committed against American Citizens.
The condemnation of Alan Greenspan, in brief. June 23, 2008
1 out of 2 found this review helpful
This book states the argument of those who oppose Alan Greenspan, the former chair of the U.S. Federal Reserve. William A. Fleckenstein and Frederick Sheehan, who sometimes seem to go a bit over the top in the intensity of their attacks, write that Greenspan, despite his reputation, was no "maestro." Instead, they report he was a poor manager with a habit of either deception or self-delusion. The authors support their argument by drawing heavily on extensive quotations from Greenspan's testimony before Congress and on minutes of the Federal Reserve Open Market Committee meetings. Although getAbstract might wish for less fervor in this presentation, it forwards this book to policy makers, financial services executives and others who wish to understand the downside of Greenspan's policies and how he may have contributed to the U.S. economy's current dilemma.
 Past Seen through a Mirror, Darkly May 25, 2008
0 out of 15 found this review helpful
The problem with this book is that Alan Greenspan wrote it without a thorough fact-checker to keep him honest.
My impression in reading this is that Alan is trying to shape history's opinion of himself, and he is an active shaper of the 'truth' to suit his purposes.
It was a waste of time. It will be better to read books about his Fed chairmanship from writers dedicated to forumulating an objective look at the Greenspan style of central banking.
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