Monday, February 08, 2010
Frederick Sheehan was interviewed by Jim Puplava on Financial Sense Online over the weekend and the audio has been matched up with some imagery in the YouTube clip below. Recall that Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession.
The fact that he studied under Arthur Burns came as a surprise to me but, when you think about it, it makes a lot of sense since, in the fullness of time, history will likely view these two as the worst Fed chairmen of all time. Also, despite the long-held belief that Greenspan was an ardent follower of Ayn Rand, apparently he wasn't interested in much more than rounding out his Rolodex, all of which helps to explain Sheehan's title selection for the book.