Greenspan signs up to UK Treasury

mkpdavies · 02-02-2006, 02:00 PM

http://news.bbc.co.uk/1/hi/business/4669778.stm

Quote:

Former US central bank chief Alan Greenspan has agreed to become an honorary adviser to the UK Treasury.
The announcement by Chancellor Gordon Brown came less than seven hours after Mr Greenspan's near 19-year tenure as Federal Reserve chairman ended.

Mr Brown said his new adviser would help the Treasury in the UK develop its thinking in areas relating to global economic change.

Mr Greenspan has also launched a new consulting firm, Greenspan Associates

He isn't getting paid though. Good use of an experienced hand? Crawling up the backside of the Americans? Or something else?

saabvolvo · 02-02-2006, 02:21 PM

Er, yes, no pay but all expenses including FC air fares and Savoy accomodation. Plus its good publicity for his new company. A willy old bird Mr. Greenspan.

mkpdavies · 02-02-2006, 03:00 PM

It's great for him, for sure, though personaly I think a nice quite retirment should be a priority for him.

Will the UK benefit though? Some think he has been a hero, others say he has brought the USA to the brink of economic disaster.

I have no idea really.

02-02-2006, 02:21 PM	#2 (permalink)
saabvolvo Junior Member Join Date: Oct 2005 Location: Woking Posts: 59	Er, yes, no pay but all expenses including FC air fares and Savoy accomodation. Plus its good publicity for his new company. A willy old bird Mr. Greenspan. __________________ Lockheed

02-02-2006, 03:00 PM	#3 (permalink)
mkpdavies Uber Member Join Date: Sep 2004 Location: Woking Posts: 30,604	It's great for him, for sure, though personaly I think a nice quite retirment should be a priority for him. Will the UK benefit though? Some think he has been a hero, others say he has brought the USA to the brink of economic disaster. I have no idea really. __________________ http://brits4ronpaul.blogspot.com/ http://wokinglibertarians.blogspot.com/ http://lpuk.org My ignore list Labour, Blue Labour, Lib Dems

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