Americans once looked at Alan Greenspan like a benevolent, brilliant uncle. He was adept at managing our finances and led us into a period of unprecedented prosperity. Plus, he had that cute, squishy face. But the current credit crisis turned a spotlight on the former Fed chairman's policies, and his legacy is being reevaluated by even his peers. (A former protégé who once called Greenspan history's greatest central banker recently took it back, telling Congress that Greenspan's low rates "set the stage for a bust.") In light of the recent barrage of criticism, and in light of the fact that Greenspan is 82 and, let's face it, might die soon, the Journal today has a leisurely scenic feature based on a series of interviews with him, in which he tries to defend himself against all the bad things people are saying about him. "I was praised for things I didn't do," Greenspan tells reporter Greg Ip in his "sun-drenched" office. "I am now being blamed for things that I didn't do." It's kind of like the Vanity Fair interview Jennifer Aniston did with Leslie Bennetts after Brad Pitt left her for Angelina Jolie, except in this case no one asked Greenspan to pose for a picture without pants, and Greenspan's insistence that he didn't do anything wrong means at the end you don't necessarily end up feeling quite so certain that he has been so wronged.
Most Viewed Stories
Emma Stone, Jennifer Lawrence, and Scarlett Johansson Have an Older-Man Problem
Casting Emma Stone As Allison Ng in Aloha Should Have Been a Great White Nope
At Lunch With the Author Who Introduced the Upper East Side ‘Wife Bonus’
Jessica Lange on Caitlyn Jenner Comparisons
Here’s the Much-Hyped 2015 ‘World’s 50 Best Restaurants’ List
More Arrested Development Is Coming to Netflix in 2016
Who Is the ‘Night’s King,’ the White Walkers’ Leader on Last Night’s Game of Thrones?
Not Everyone Liked Caitlyn Jenner’s VF Cover
Ellie Goulding and Lorde Partied With Katy Perry (Don’t Show Taylor Swift This Pic)
Why We Shouldn’t Be Cynical About Caitlyn Jenner’s VF Cover
Latest News from Daily IntelligencerTrend Watch: Senate Confirms ‘Patriot’ Is Out, ‘Freedom’ Is In
The legislation is now headed to President Obama for signing.One Person — Sorry, 63 People Were Stuck Atop the Washington Monument
Only off by 62.Man Falls Through Subway Grate Trying to Reach His Keys
Don't try to be a hero!Bye-bye, Blatter
Sepp Blatter steps down as president of FIFA.GOP Long Shots Head to Disney World to Make a Wish Upon a Star
Huckabee, Jindal, and Walker all hope Disney can work its magic.Run Warren Run Concedes to Reality
It turns out that Senator Elizabeth Warren doesn't want to be president right now. Who knew?Studies Show Paul Ryan Is Wrong and Obama Is Right: You Didn’t Build That
The core philosophical debate of the Obama era can be largely settled with facts.Hundreds of Tourists Missing After Ship Capsizes in China
At least 15 survivors have been found.Pig Protests Police by Pooping
He's pretty proud of himself.Beluga Whales Vacationing Down the Shore
A trio of baby belugas was spotted in two New Jersey rivers.
“So now we have learned that I do bad fiction and bad music. But I do have some other attributes.”Time Warner Cable Actually, Statistically the Worst
A new survey reveals what you already knew deep in your heart.At Lunch With the Author Who Introduced the Upper East Side ‘Wife Bonus’
Are Park Avenue wives really like Bonobos?Scandal Kills the ‘Hastert Rule’; Congressional Gridlock Expected to Survive
The term “the majority of the majority” lives on.Jeb Is Not the Bush You Think He Is
He is more ruthless than he looks, more conservative than moderates like to believe, and possibly more appealing to Latinos than Marco Rubio.After Failing 95 Percent of Airport Security Tests, TSA Gets a New Director
In 67 out of 70 tests, undercover agents were able to get weapons and fake bombs past screeners.Senator Bernie Sanders Forced to Clarify That He’s Not a Stoner
Thanks a lot, Obama.Can You Go to Jail for Posting ‘Threats’ on Facebook? The Supreme Court Won’t Say
The court dodged the free-speech issues raised by a case about violent rap lyrics.Reminder: Don’t Eat Newark Street Fish
Not a wise dinner option.Climate-Change-Deal Negotiators Are Terrified of Congress
“We know the politics in the U.S."
Its new CEO has set a plan in motion to revamp the struggling airline.102-Year-Old Thinks Presidential Candidates Are Too Old
"These are all old men. I think we need young blood."Hurricane Season Is Here
Thankfully, it's supposed to be quieter than usual.GOP Unified in Agreeing That Rand Paul Makes Them So Angry
"If he thinks it's not nice to disagree, he's probably in the wrong race.”Former Nazis Received $20.2 Million in Social Security Benefits
Congress prevented these payments from happening last year.Apparently Lightning Sometimes Does Strike Twice
Thunderstorms are cool and also terrifying.New York Competition No. 49: Commencement Speakers
The latest installment of our game.John Oliver on U.S.’s Role in FIFA Mess: It’s Like ‘Kesha Arrested a Group of Bankers’
Last Week Tonight tackles soccer again.Dick Cheney Boasts of 7 1/2-Year Record of Preventing Terrorism
The Bush administration was in office for seven and a half years, right?This 92-Year-Old Woman Finished a Marathon This Weekend, What Did You Do?
Harriette Thompson became the oldest woman to finish a marathon on Sunday.
The potential presidential candidate offers unsolicited views on the free-trade debate in Congress.Watch Out for Flash Floods Today, New York
The rainy weather will continue into Tuesday.Lindsey Graham to Continue Having Fun by Making Presidential Bid Official
He's slated to announce his run on Monday in South Carolina.Indicted FIFA Official Cites 'Onion' Story as Proof of U.S. Conspiracy
A former Vice President of FIFA believed a World Cup could be organized and launched in a single day.U.S. Surveillance Powers Lapse After Senate Deal Is Blocked
Three parts of the Patriot Act, including bulk phone data collection, have temporarily expired after Rand Paul blocked a deal on surveillance reform.FIFA, Freddie Gray, and the New Power of the Prosecutor
Marilyn Mosby and Loretta Lynch are not just indicting criminals: They're trying to clean up corrupt cultures.Mother of Silk Road Founder ‘Shocked’ by ‘Draconian’ Life Sentence
"Murderers who actually kill someone don't get that."NBC Reportedly Looking for Something Else for Brian Williams to Do
Rather than simply go back to anchoring Nightly News.Crane Crashes Into Midtown High-rise
Several injuries have been reported.Biking Accident Ruins John Kerry’s Europe Trip
He broke his leg.
At the highest high, it’s a great, complicated metropolis.Beau Biden Dies at 46
He was hospitalized earlier this month.Bruce Jenner to Make Post-Transition Appearance in Vanity Fair
Annie Leibovitz is reportedly set to shoot the story.Enterprising New Yorker Caught Charging Tourists $400 for Free Ferry Ride
A man even bolder than the $30 hot-dog vendor.Martin O’Malley Gives Hillary Clinton Someone Else to Run Against
The third entrant in the Democratic primary faces an uphill struggle to define himself with voters.Once America Got Interested in Soccer, FIFA Was Screwed
8 Actually Good Things That Happened This Week
It's the freakin' weekend, baby.Ross Ulbricht, Founder of Silk Road, Sentenced to Life in Prison
“I wish I could go back and convince myself to take a different path.”Denny Hastert Indictment Linked to Alleged Decades-Old Case of Sexual Misconduct
The Los Angeles Times reports that the payments were made to conceal sexual misconduct.Teens Today: Boring As Hell
America's youth are drinkin', smokin', and doin' it at alarmingly low rates.