Please, Mr. Greenspan, Shut Up

Felix Salmon submits: If ever there was a need for gag orders on former central bank chairmen, it is now. Actually, scrap that: if ever there was a need for a gag order on Alan Greenspan, it is now. The rest of them have all acquitted themselves quite admirably; Greenspan, alone, seems determined to kvetch and second-guess and generally be an unhelpful nuisance to his successor. The Economist reports on his latest salvo, which is positively astonishing coming from a man who was, for his many years at the Fed, not only the chief bank regulator but also the lender of last resort should there be an emergency. He never seemed to have any trouble with this at the time -- but now, it seems, he's changed his mind:Complete Story »