Thursday, March 10, 2011

Alan Greenspan Auditions on Comedy Central

Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and "The Coming Collapse of the Municipal Bond Market"(, 2009)

"There is no question at this stage that the momentum of this economy, leaving out the oil price issue, leaving out the Euro problems that have emerged, and very specifically leaving out the budget problems, this economy is really beginning to pick up momentum. The fascinating issue for forecasters is how do you factor in all of the negatives."

-The King Report, March 8, 2011, quoting from former Federal Reserve Chairman Alan Greenspan's "Guest Host" appearance on CNBC (also known as The Comedy Channel), March 9, 2011

Former Federal Reserve Chairman Alan Greenspan
waiting offstage before his CNBC comedy act.