Greenspan Says The Darndest Things
Financial analyst and all-around polymath Paul Kedrosky dug up a gem of a quote from Herr Greenspan circa March 2000:
CHAIRMAN GREENSPAN. Before we turn to our regular agenda, I want to mention that today is Ed Boehne's last meeting. He has been attending these meetings for many years; in fact, none of us has sat at this table without seeing Ed sitting in his chair. ...If there is some way that we could perhaps buy him off not to write a book, it might be an appropriate use of funds! ...I can't help but wonder why the producers of 'Fun with Dick and Jane' failed to add both Greenspan and The Fed as inspiration to their movie in the ending credits -- these wonks were arguably just as culpable. It's not like every CEO gets to set interest rates...MR. BOEHNE. Thank you. [Applause]
MR. MCTEER. We need to get that chair reupholstered!
