Dr Greenspan’s defence: ‘It really wasn’t my fault’
From our UK edition
The former Fed chairman tells Dominic Crossley-Holland that, on mature reflection, he doesn’t feel he should be blamed for a financial bubble blown by global economic forces ‘I feel bribed,’ said Dr Alan Greenspan in a soft voice. It had been a bit like a dinner party game. What do you give the world’s greatest living exponent of capitalism? The answer, according to his ever-helpful office: a box of rather swish dark chocolates. We were seated in the panelled boardroom of the offices that Greenspan Associates share with a hedge fund in Washington DC. It was a rare chance to discuss (for a BBC document-ary) the causes and consequences of the great economic upheaval with the man who oversaw America’s economy for almost two decades.