I read an article from Richard Russell a week ago and he was saying how long these guys last is based on the amount of political pressure they bend to despite the Federal Banks supposed independence. Paul Volcker was the only one in years who would stand up to either party.

How about this one from EWI on 9/17:

Suddenly, Greenspan is Crystal Clear

The media followed Alan Greenspan’s utterances and prose with great interest for two decades, but only very recently did his words become simple or clear. The media dissected his serpentine locutions and his “mumbling with great incoherence,” like the cryptic prophecies of some mythological seer. But, now that it’s book-selling time, suddenly you can understand what he is saying. The question is, does he fully understand what he’s talking about?