Greenspan Mitchell Dated 12 Years

March 24, 2012 by staff 

Greenspan Mitchell Dated 12 Years, Alan Greenspan is the chairman of the US Federal Reserve Board, which determines official interest rates. He is commonly perceived as an inflation hawk, often criticized for focusing on controlling inflation rather than on lowering unemployment rates.Greenspans general comments can be so strong that they can send financial markets sharply in either direction.

Alan Greenspan was born in 1926, in New York City and raised by his mother and grandmother. From an early age he pursued his interest in music and after completing high school, he went on to study at the Juilliard School of dance, drama and music. Alan soon dropped out and began travelling with Henry Jerome and His Orchestra, and performed as a tenor, saxophone and clarinet player for about a year. After His time in the band Alan went on to study at New York University’s school of commerce in 1944 and graduated with a Bachelor of Science degree with which he followed up with a Master of Arts degree in 1950.

That same year Greenspan began graduate studies at Columbia University but accepted a job for the National Industrial Conference Board which subsequently caused him to drop out of Columbia.

In 1951 Alan Greenspan meet artist Joan Mitchell and began dating her, a year later they were married but it wasn’t to be and they obtained an annulment 10 months later. During their time together Joan introduced Alan to novelist Ayn Rand a writer and social philosopher. Alan was greatly influenced by her philosophy of “Objectivism”. He authored articles for Objectivist newsletters, and contributed several essays for Rand’s 1966 book Capitalism: the Unknown Ideal, they remained friends until her death in 1982.

In 1954 Greenspan partnered bond trader William Townsend to form Townsend-Greenspan and company, an economic consulting firm which he stood as Chairman and president from 1954 to 1974. Alan entered politics in 1967, when he served as director of domestic policy research for Richard Nixon, he turned down a permanent position in the Nixon administration, but continued to advise him informally while continuing his work at Townsend-Greenspan and company. From 1974 to 1977 he served as Chairman of the President’s Council of Economic Advisers and then returned to Townsend-Greenspan and company in 1977. In 1977 he also completed a Ph.D. from New York University.

From 1981 to 1983, he served as chairman of the National Commission on Social Security Reform, working to save the social security system from bankruptcy. When the chairman of the Federal Reserve Board retired in June 1987, Alan was nominated as his replacement, and accepted the position. After failing to find a buyer Townsend-Greenspan and company was closed. Alan Greenspan was chairman of the Federal Reserve Board for 5 straight terms and is not eligible for renomination to a sixth term in that position.

Before Alan’s appointment to the reserve board, he held an impressive list of positions including corporate director for Aluminium Company of America, Capital Cities/ABC, General Foods, J.P. Morgan & Co, Morgan Guaranty Trust Company of New York, Mobil Corporation; and The Pittston Company. His noncorporate positions included Member of the Board of Trustees for the Rand Corporation, Director of the Institute for International Economics, Member of the Board of Overseers, Hoover Institution and Vice Chairman and Trustee for the Economic Club of New York.

Alan Greenspan married Andrea Mitchell, NBC’s chief foreign affairs correspondent, in 1997, after a 12-year relationship. They live in the Palisades, Washington. Alan is famous for doing a good deal of his most important work in the mornings, while soaking in the bath.

Greenspan’s honorary titles include Knight Commander of the British Empire, and Commander of the Legion d’honneur (Legion of Honour).

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