Before Ben Bernake shovels more cash into the US's money trap, he should read Greenspan's Bubbles.
-- Bloomberg News, March 14, 2008
Devastating portrait of the man who perverted the concept of risk.
-- Le Temps, March 5, 2008
Greenspan's Bubbles ... is a powerful indictment of Greenspan and his Federal Reserve Board -- Resourceinvestor.com, April 2008
It's harsh to point the finger...yet Fleckenstein and Sheehan's argument is clear, well devised, and provides thorough evidence.
-- Worldfinance.com, April 2008
The lesson this book teaches is clear: "The financial world Greenspan left behind will be treacherous"... We have been warned.
-- African Business, April 2008
The story of Greenspan's part in the sub-prime debacle is told with wit and clarity by William Fleckenstein.
-- Daily Telegraph Online, March 19, 2008
From the Inside Flap
PRAISE FOR GREENSPAN'S BUBBLES
"It's about time someone set the record straight! Fleckenstein chips away at Greenspan's overinflated record as Fed Chairman to reveal a legacy of lousy forecasts, poor judgment, and two huge asset bubbles. It's devastating or delicious, depending on whether you're Greenspan or the reader." - Caroline Baum, columnist, Bloomberg News
"After reading Greenspan's Bubbles you will have no respect for the Fed! It's a must-read...in it, the authors demystify the belief that the Fed 'solves' problems when, in fact, it is directly responsible for a colossal destruction of wealth of the median household and of the U.S. currency through its irresponsible monetary policies." - Marc Faber, editor of the Gloom, Boom & Doom Report
"Greenspan for Mt. Rushmore? Not if Bill Fleckenstein has anything to say about it."-James Grant, editor of Grant's Interest Rate Observer
"In his typically engaging style, Bill Fleckenstein pops the Greenspan bubble...presenting compelling and convincing evidence that the former Fed chief got us into this mess..."-Herb Greenberg, Senior Columnist, MarketWatch.com