Alan Greenspan, the former chair of the Federal Reserve who was once regarded by many as perhaps the finest central banker the world had ever seen, has died at the age of 100.
During his time leading the nation’s central bank, Greenspan earned widespread praise and an almost legendary reputation in financial circles. Many observers considered him to be among the most skilled and effective central bankers in history.
However, his standing was later significantly damaged in the wake of the worst financial collapse the country had experienced since the Great Depression, which cast a long shadow over his earlier achievements and raised questions about the policies he had championed during his tenure.
