Peter Hartcher
Author
Bubble Man: Alan Greenspan and the Missing 7 Trillion Dollars
September 9, 2006
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In this eye-opening account, Peter Hartcher reexamines the achievements of
Alan Greenspan, the man who presided over the 1990s stock-market
bubble—perhaps the biggest speculative frenzy in history—and walked
away when it came crashing down, with his reputation apparently
unscathed. The U.S. economy is still struggling with the fallout from
Greenspan’s tenure, which includes a bubble in housing prices, a rocky
recovery, and a vast federal deficit. His mistakes live on, as does the
question of what to do about bubbles.
Hartcher’s careful investigation of the most financially expensive event in American history results in a gripping tale of failed leadership, excess, and the bizarre politics behind the world’s most powerful economy.
Former Washington bureau chief and associate editor of the Australian Financial Review, Peter Hartcher is now the political and international editor for the Sydney Morning Herald. Author of The Ministry, he lives in Australia.
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