Derivatives and the Next Financial Crisis
The participants discussed the growth of the financial derivatives market. Mr. James Bothwell of the GAO talked about a…
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Report Video IssueUser Clip: Alan Greenspan on "Irrational Exuberance"
1996-12-05T22:50:13-05:00https://images.c-span.org/Files/74c/19961205225018001.jpgA clip from the December 5, 1996 speech at the American Enterprise Institute in which then-Federal Reserve chairman Alan Greenspan coined the phrase "irrational exuberance," which would come to be seen, by some, as an apt descriptor of the dotcom bubble.
A clip from the December 5, 1996 speech at the American Enterprise Institute in which then-Federal Reserve chairman Alan Greenspan coined the phrase "irrational exuberance," which would come to be seen, by some, as an apt descriptor of the dotcom bubble.
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