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Seven Facts About Former Fed Chairman Alan Greenspan

admin3 months ago02 mins
FILE PHOTO: Former U.S. Federal Reserve Chairman Alan Greenspan sits for an onstage interview during the 2014 Peterson Foundation Fiscal Summit in Washington May 14, 2014. REUTERS/Jonathan Ernst

June 22 (Reuters) – Seven facts about ⁠former ⁠Federal Reserve Chairman Alan ⁠Greenspan, who died on Monday at age ​100:

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* Greenspan grew up a Benny Goodman fan and ‌before taking up economics ‌he studied clarinet for two years at New ⁠York’s ⁠Juilliard School and played saxophone with a touring jazz ​band.

* Greenspan and NBC News correspondent Andrea Mitchell dated for 12 years before marrying in 1997.

* Greenspan was notorious ​for speaking cryptically and once said, “I guess I should ⁠warn you, ⁠if I turn ⁠out ​to be particularly clear, you’ve probably misunderstood what I said.”

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* ​His first wife ⁠introduced Greenspan to Ayn Rand, the “Atlas Shrugged” novelist known for her philosophy of individualism, and they became close friends.

* The bathtub served as Greenspan’s auxiliary office. ⁠He said it was during his daily morning baths, which ⁠sometimes lasted two hours, that he had his best ideas, using the tub time to read reports and write speeches. “Immersed in my bath, I’m as happy as Archimedes as I contemplate the world,” he wrote in his memoir.

* After he retired from the Federal Reserve, Penguin Press paid $8.5 ⁠million for his memoir, which at the time was the second-largest advance paid for a non-fiction book.

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* In his last year at the Fed, ​Greenspan had a salary of about $180,000.

(Compiled by ​Bill TrottEditing by Diane Craft)

Copyright 2026 Thomson Reuters.

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  • Lindsay Clancy’s Lawyer Asks Judge to Find Her Not Guilty After Mistrial
  • First US Horse Case of Screwworm Detected in Texas Border County
  • Trump Administration to Lend $100 Million to Africell, Countering Huawei in Africa
  • South Korea PM Says First US Investment Project Could Set Cooperation Model
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