Alan Greenspan Retirement

Alan Greenspan has finished his long 18 1/2 year term as the head of the federal reserve on a high. After 18 years his record is pretty good having achieved low unemployment, strong economic growth with low and stable inflation. During his term he has seen recessions, a stock market bubble bursting, currency crises and fund collapses but has always managed to keep the economy in check. Greenspan has finished his reign with one of the best records in history for the federal reserve. Check out this article for more information on his achievements.
Greenspan's Daunting Example
"Alan Greenspan has left the Federal Reserve after 18 years and 5 months at the helm, only 5 months short of the record set by William McChesney Martin, Jr. in 1970. He closed out his term by raising the federal funds rate for the 14th consecutive time, to 4.5%, as expected. Nevertheless, the funds rate at the close of Greenspan's term is 2.25 percentage points below the 6.75% level when he took office". Businessweek
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