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Alan Greenspan's Legacy

Jan. 31: Chairman Alan Greenspan smiles as he presides over his final Federal Open Market Committee meeting.
Jan. 31: Chairman Alan Greenspan smiles as he presides over his final Federal Open Market Committee meeting.
Bush names Ben Bernanke as chair of the Federal Reserve Board, replacing Alan Greenspan, in this Oct. 25, 2005, file photo.
President Bill Clinton meets with Fed Reserve Chairman Alan Greenspan in the White House in this Jan. 28, 2003, file photo.
President Clinton introduces Alan Greenspan to Chinese President Jiang Zemin in this Oct. 29,1997, file photo.
President Bush, right, escorts Federal Reserve Chairman Alan Greenspan in the White House in this July 10, 1991, photo.
Alan Greenspan is shown during a session before the House Joint Economic Committee in this July 23, 1975, file photo.
President Ford honors Greenspan in this Sept. 4, 1974, photo after he was sworn in as Council of Economic Advisers chair.