ArmInfo. Alan Greenspan, the influential economist who guided U.S. monetary policy during five terms as Federal Reserve Chairman under four presidents, died on Monday, his wife, NBC News correspondent Andrea Mitchell, announced.
Greenspan helped define modern American capitalism from the final years of the Cold War to the dawn of the digital age. He led the Fed during one of the longest economic expansions in U.S. history—the boom that lasted from 1991 to 2001. But he was also criticized for decisions that critics believe created the conditions for the global financial crisis of 2007-08, such as the deregulation of the financial sector.
