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…
Short clip from the December 5, 1996 speech at the American Enterprise Institute in which then-Federal Reserve chairman Alan Greenspan… read more
Short 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. close
The participants discussed the growth of the financial derivatives market. Mr. James Bothwell of the GAO talked about a…
Federal Reserve Chairman Alan Greenspan delivered the semiannual report of the Board of Governors of the Federal…
Chairman Greenspan testified that the Federal Reserve avoided a potential financial disaster when it decided to bail out…