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5 Facts About Alan Greenspan You Probably Didn't Know

By    |   Monday, 15 June 2015 03:37 PM

Economist Alan Greenspan is a financial adviser best known as the chairman of the United States Federal Reserve Board from 1987 to 2006. First appointed by President Ronald Reagan, Greenspan also advised Bill Clinton and both Bushes, serving five terms.

The 89-year-old son of a stockbroker published his memoir, "The Age of Turbulence: Adventures in a New World," in 2007. Here are five little-known facts about Greenspan.

1. An accomplished musician, Greenspan studied music at Juilliard and toured the U.S. with the Henry Jerome Orchestra playing tenor saxophone and clarinet. "I got into music because I used to listen to Benny Goodman and other dance bands on the radio," he told the "Today" show in 2007.

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"To a young kid living in New York City, Goodman was my idol. Joining a dance band was also a great way to go on the road and see the country. So I turned pro ... but soon found out that I wasn't as good as some of the other players in my band. In fact, as a kid, I played with one of the greats, Stan Getz! So it was a good thing I got out of the music business and went back to school. I'm a better economist than I was a sax player."

2. Greenspan's first job, in 1948, was with the National Industrial Conference Board. His role was to analyze demand for steel, aluminum, and copper, according to his Federal Reserve bio.

3. His two wives shared the last name Mitchell, though they weren't related, according to Biography.com. His first marriage to artist Joan Mitchell in 1952 was annulled within a year. He married his current wife, journalist Andrea Mitchell, in 1997 in a ceremony performed by Supreme Court Justice Ruth Bader Ginsburg.

Greenspan also dated newswoman Barbara Walters in the late 1970s.

4. According to The New York Times, Greenspan was a friend of "Atlas Shrugged" and "The Fountainhead" author Ayn Rand. He met the Russian-American novelist, who developed a philosophical system she called objectivism, through Joan Mitchell.

5. In 2005, Greenspan received the Presidential Medal of Freedom, the highest civilian award that recognizes individuals for contribution to the security or national interests of the United States.

Fellow recipients that year included boxer Muhammad Ali, comedian Carol Burnett, singer Aretha Franklin, and golfer Jack Nicklaus.

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Economist Alan Greenspan is a financial adviser best known as chairman of the United States Federal Reserve Board from 1987 to 2006. First appointed by President Ronald Reagan, Greenspan also advised Bill Clinton and both Bushes, serving five terms. Here are five little-known facts about Greenspan.
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2015-37-15
Monday, 15 June 2015 03:37 PM
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