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Tag Archive: Alan Greenspan


In his first official act as the new governor of the Reserve Bank of India (RBI), Raghuram Rajan raised the benchmark interest rate blogfrom 7.25 to 7.5%, causing a ripple of surprise in financial circles and eliciting protests from various business representatives. But for people who know the current condition of emerging markets and Rajan’s professional trajectory, this was not surprising, at all.

Rajan has no qualms about staging such challenges. In 2005, Rajan was chief economist of the International Monetary Fund and attended the top central bankers’ get together in Jackson Hole, Wyoming, to present a paper on how the financial sector had evolved during Alan Greenspan’s era. As Rajan later described the meeting, which was to be Greenspan’s last, in his book Fault Lines: “Some of the papers in the conference, in keeping with the Greenspan-era theme, focused on whether Alan Greenspan was the best central banker in history, or just among the best.”  Continue reading

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2012 The Year of Euro & Past themes

It might be interesting to see the past , every year has been personified by some of the personalities left their impression on financial markets.

Its a year by year collection pick out with a different fad that really captured the attention in that year and dollars of the investors Class.

Year

Themes

Personified by

1996

Initial public offerings, Microbrews, Irrational Exuberance

Alan Greenspan, Federal Reserve Chairman

Continue reading

To begin the explanation just wanted to quote some of the financial baron’s views on CDS:

In 1993 George Akerlof Nobel prize-winning economist predicted that the next meltdown will be caused by the CDS.

In 2003 Investment legend Warren buffet called them as weapons of mass destruction.

Man behind the Subprime crisis Former Fed Chairman Alan Greenspan – betted big on them as Continue reading

Its a year by year collection pick out with a different fad that really captured the attention in that year and dollars of the investors Class.

Year Theme of the  Year Personified by
1996 Initial public offerings, Microbrews, Irrational Exuberance Alan Greenspan, Federal Reserve Chairman
1997 Viagra, Cigars, Telecom/Cable John Malone,  Chairman of Liberty Media
1998 E-tail, Venture Capital, Click & Mortar Jeff Bezos, Founder and CEO of Amazon.com Continue reading
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