Former US Federal Reserve Chairman Alan Greenspan has died at the age of 100, his family said on Monday.
Greenspan served as head of the Federal Reserve for nearly 19 years, from 1987 to 2006, overseeing an economic boom from the final years of the Cold War to the dot-com bubble of 2001.
But critics argue that his leadership created the conditions for the global financial crisis in 2008.
His wife, NBC News correspondent Andrea Mitchell, told the broadcaster, “He was a great man who helped shape the American economy for decades under presidents of both parties, but was always honest in admitting his mistakes.” in a statement.
“For me, it was my husband, who shaped my life from our first date in 1984. He had an ‘irrational enthusiasm’ for baseball, the Washington Commanders, tennis, golf, and music, especially jazz.”
Many more to follow…
Edited by Richard Connor