I had breakfast Friday morning with Lena Komileva, the Group G7 Economist at Tullett Prebon. To get all Lunch With the FT about it, it was at the London Hotel, I had the scrambled eggs with smoked salmon, and she had an omelet with herbs, which I remember because she pronounced the “h” (she’s English). [...]
The Greenspanmania will stop soon, I promise. But this, from an interview Fortune‘s Andy Serwer did with Greenspan, is really interesting: Q: Now of course people are pointing fingers at you, Chairman Greenspan, in terms of the so-called housing bubble bursting and saying that you’re responsible or partly responsible. Look at what he said in [...]
Upon opening my copy of The Age of Turbulence, the first thing I checked was the acknowledgments, to make sure my friend Peter Petre got some credit for, uh, ghostwriting the book. Sure enough: Peter Petre has been my collaborator in the writing. He taught me the age-old art of narrating in the first person. [...]
After drinking my morning coffee, I went out to get a copy of the Greenspan book. I was initially flummoxed by the discovery that the Barnes & Noble closest to my office is becoming an Ann Taylor, but then found another B & N on 5th Ave. between 45th and 46th Streets. The book was [...]
From Greg Ip’s Q&A with Greenspan on the W$J’s economics blog: At the Fed you said housing was in a froth, but you avoided calling it a bubble. From the vantage point of 2007, can you say now that it was in a bubble? Oh yeah. Lots of froths are equal to a bubble… What [...]
