Speaking via satellite to a conference in Johannesburg, Former Fed Chairman Alan Greenspan said the financial market crisis will continue for some time, and could last well into 2009 . The data implies the U.S. economy is on the brink of recession, said Greenspan, citing forecasts for very sluggish growth...
Speaking in an interview with the Financial Times on Monday, former Fed Chairman Alan Greenspan said the chance of a recession in the United States was above 50% but that probability was pulling back somewhat. Greenspan also said it was too soon to tell whether the worst of the financial crisis was over...
Inflation is not yet out of control in the United States, according to former Fed Chairman Alan Greenspan , speaking via satellite link to a conference in Athens, Greece. Nevertheless, the markets are moving towards a more inflation-prone environment, added the retired central banker. Greenspan also...
Former U.S. Federal Reserve Chairman Alan Greenspan told Spain's El Pais newspaper on Sunday that chances of the U.S. economy slipping into a recession were now above 50% but the world's leading economy had not yet entered one. Greenspan said, "In my opinion recession is a period of a sharp correction...
Fannie Mae declared a second quarter dividend on its common stock Tuesday, holding to the $0.26 per share that it declared for the first quarter back in December 2004. This number is only notable because the first quarter dividend was exactly half what stockholders had come to expect in previous quarters...