alen greenspan final

8/3/2019 Alen Greenspan Final

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HIGH PERFORMANCE LEADERSHIP

PRESENTERS ROLL NO.

APURVA DANDEKAR C 03

MONICA KOTHARI C 13

PRATHMESH MULUK C 23

SAVITA CHOUDHARY C 33

UJJWAL KHANDARE C 43

LIJU KOSHI C 53


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Alan Greenspan

y Bornon : March 6, 1926

y Parents Name:

Father - HerbertGreenspan.

Mother - RoseGreenspan.

y

Schooling & Graduation :George Washington HighSchool.


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Introduction

y 1987- appointed aschairmanoffederalreserve andretired in February2006.

y Responsiblefor directing U.S.national monetary

policy.y He worked withfivepresidents,both democrats andrepublicans,buthebelieved inlibertarianism.

y Hetookofficeon June 19, 2004.

y Helearned saxophone at Julliard and turned aprofessional jazz saxophonist.


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Continued.

y He was a successfuleconomicconsultantin New York.

y He was a partnerofWilliam Townsend inprivate

consultancy.

y Hisfirst marriage ended in annulment withinthefirstyear and dint married until 1997.

y He married to NBC televisionreporter Andrea Mitchell.


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The earlyyears..

y Greenspan wasraisedbyhis mother ashisparentsdivorced.

y Hisfather useto meethim infrequently.

y He usetogive Alaneconomicbooks and encouragehim totake uphisfield.

y Justin MartinsBiographyGreenspan : The Man behindthe Money.

y Joined NYUs SchoolofCommerce and wasoneoffewforthefield ofeconomics.


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Continued.

y He wrotepaper which wasquoted inthe New YorkTimes.

y

Hereceived BS ineconomicsin 1948.

y Wentto Columbia university, wellknownforitseconomicsprogram inthecountry.

y 1970 to 1978 WaschairmanofCouncilofEconomic Advisors ( under Eisenhower ).


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Career Path

y 1954 Joined William Townsend as a partner.

y 1958 - Took overthepartnership after Townsenddies.

y 1968 - Joined the Nixonpresidentialcampaign asdirectorofdomesticpolicyresearch.

y 1969 - Served as Nixonschiefofbudgetliaisonon

thetransitionteam.y 1974 Accepted Nixonsoffertobechairmanof

CouncilofEconomic Advisers.


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Continued.

y 1974-77 Chairman, CouncilofEconomic Advisor.

y 1980 Becameeconomic advisorto RonaldReaganspresidentialcampaign.

y 1981-83 Chairman, National CommissiononSocial SecurityReforms.

y 1987 Reagannamed Greenspanchairmanofthe

Federal Reserve.y 1996 Clintonreappointed Greenspantothirdterm.


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Continued.

y 2004 June 1, Appointed to an unprecedentedfifthterm aschairmanofthe Federal Reserve.

y 2006 Feb 1, Retired as Chairmanofthe FederalReserve.


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PERSONAL LIFE

JOHNMITCHELL

AYN RAND

BARBARAEICHOFF

BARBARAWALTER

SUSANMILLS

ANDREMITCHELL


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POLITICAL COURAGE

y Mostsuccessfulpoliticianoflate 20th century.

y Appointment aschairmanofthe Federalreserve.

y Hisservice withboth Republic and DemocraticGovernment.

y 1987 Stockmarketcrisis.

y OverhaulofBanking Regulations


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POLITICAL INFLUENCE

y Registered asrepublicanbutpoliticalviews are moredistinctlylibertarian.

y Good politicalrelation with morethan 5 presidents.


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FUTURE IMPACT

y Greenspanstarted writing abouthisexperiences.hismemoirs were acquiredbypenguinpress andauctioned,thebidding wentto 7 million dollars

y HissuccessorBenbernanke wastohandletheeconomic, monetaryand marketissues

y Thehousing market would end upor what wouldhappentothose americans who were underheavydebt


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alen greenspan final

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