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Wednesday 05 November 2008
Will President Barack Obama be a modern-day Franklin D Roosevelt, who pulled the US back up over the economic precipice, or will he be a disastrous copy of his predecessor, Herbert Hoover?
Monday 27 October 2008
Given Alan Greenspan's dose of the doubts last week, at what level should we trust markets? The strongest defence is, surely, the idea that markets provide the best single way of allocating the world's scarce resources. Unfettered capitalism, on this view, is desirable because it potentially makes all of us better off.
Friday 24 October 2008
Alan Greenspan, the formerchairman of the US Federal Reserve, has dramatically repudiated large parts of his laissez-faire ideology and joined the chorus of voices saying that the credit crisis reveals a need for more regulation of the finance industry.
Friday 24 October 2008
Outlook Alan Greenspan, quoting Keynes, insists that when the facts change, he changes his mind. It wasn't exactly a mea culpa we had from the former Federal Reserve chairman in Congressional testimony yesterday, but it was about as close as we are likely to get to it.
Wednesday 15 October 2008
They used to be the masters of the universe. Now they are not even masters of their own destiny.
Sunday 12 October 2008
Thursday 24 July 2008
The man who made a personal $3.7bn (£1.85bn) fortune by predicting the credit crisis is hoping to make another killing by helping to prop up financial companies brought to the brink of ruin by the chaos in the debt markets.
Wednesday 23 January 2008
Pearson, the publisher that owns the Financial Times as well as Penguin books, has soothed fears that the company's exposure to the US education market could inhibit its growth prospects in the year ahead arguing that it is confident that it can sustain its progress in 2008.
Wednesday 16 January 2008
The hedge fund that has profited most from the bursting of the US housing bubble has hired the man widely blamed for inflating it in the first place: former Federal Reserve chairman Alan Greenspan.
Tuesday 31 January 2006
Saturday 12 March 2005
Sunday 20 February 2005
Once upon a time, Alan Greenspan, the Federal Reserve chairman, revelled in his ability to leave his audience none the wiser as to what he had just said. He famously once told Congress: "I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said."
Thursday 17 February 2005
Alan Greenspan, the Federal Reserve chairman, signalled yesterday that US short-term interest rates would continue to rise. He also issued his sternest warning yet on the need for the Bush administration to reduce the country's massive trade and budget deficits.
Monday 07 February 2005
Saturday 05 February 2005
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
Scottish independence: The Queen breaks silence on referendum debate – as think tank warns of £14bn black hole if Scotland votes Yes
- 1 Scottish referendum: So how about the English now being given a chance to split from England?
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- 5 Free U2 album: How the most generous giveaway in music history turned into a PR disaster