Seven facts about former Fed chairman Alan Greenspan
FILE PHOTO: Former U.S. Federal Reserve Chairman Alan Greenspan sits for an onstage interview during the 2014 Peterson Foundation Fiscal Summit in Washington May 14, 2014. REUTERS/Jonathan Ernst
June 22 (Reuters) - Seven facts about former Federal Reserve Chairman Alan Greenspan, who died on Monday at age 100:
* Greenspan grew up a Benny Goodman fan and before taking up economics he studied clarinet for two years at New York's Juilliard School and played saxophone with a touring jazz band.
* Greenspan and NBC News correspondent Andrea Mitchell dated for 12 years before marrying in 1997.
* Greenspan was notorious for speaking cryptically and once said, "I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I said."
* His first wife introduced Greenspan to Ayn Rand, the "Atlas Shrugged" novelist known for her philosophy of individualism, and they became close friends.
* The bathtub served as Greenspan's auxiliary office. He said it was during his daily morning baths, which sometimes lasted two hours, that he had his best ideas, using the tub time to read reports and write speeches. "Immersed in my bath, I'm as happy as Archimedes as I contemplate the world," he wrote in his memoir.
* After he retired from the Federal Reserve, Penguin Press paid $8.5 million for his memoir, which at the time was the second-largest advance paid for a non-fiction book.
* In his last year at the Fed, Greenspan had a salary of about $180,000.
(Compiled by Bill TrottEditing by Diane Craft)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Michigan cyclosporiasis cases rise to over 14,200 in a week, health officials say
- Fed's Musalem says won't prejudge rate call view for September FOMC - CNBC
- Exclusive-Trump administration to back US minerals projects with $500 million in grants
Create E-mail Alert Related Categories
ReutersRelated Entities
Alan GreenspanSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share