History has not dealt kindly with the aftermath of protracted periods of low risk premiums. – Alan Greenspan
I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading. – Alan Greenspan
I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University. – Alan Greenspan
We need, in effect, to make the phantom lock-boxes around the trust fund real. – Alan Greenspan