Deception and Abuse at the Fed: Henry B. Gonzalez Battles Alan Greenspan's Bank
The Federal Reserve-the central bank of the United States-is the most powerful peacetime bureaucracy in the federal government. Under the chairmanship of Alan Greenspan (1987-2006), the Fed achieved near mythical status for its part in managing the economy, and Greenspan was lauded as a genius. Few...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Austin
University of Texas Press
[2021]
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| Schlagworte: | |
| Online-Zugang: | FAW01 FAB01 FCO01 FHA01 FKE01 FLA01 UPA01 UBG01 Volltext |
| Zusammenfassung: | The Federal Reserve-the central bank of the United States-is the most powerful peacetime bureaucracy in the federal government. Under the chairmanship of Alan Greenspan (1987-2006), the Fed achieved near mythical status for its part in managing the economy, and Greenspan was lauded as a genius. Few seemed to notice or care that Fed officials operated secretly with almost no public accountability. There was a courageous exception to this lack of oversight, however: Henry B. Gonzalez (D-TX)-chairman of the U.S. House of Representatives Financial Services (banking) Committee. In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including: Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring-for 17 years-it had no transcripts of its meetings; Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation; Allowing |
| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Nov 2021) |
| Beschreibung: | 1 Online-Ressource (285 pages) |
| ISBN: | 9780292794672 |
| DOI: | 10.7560/717855 |
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| indexdate | 2024-07-10T09:18:00Z |
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| spelling | Auerbach, Robert D. Verfasser aut Deception and Abuse at the Fed Henry B. Gonzalez Battles Alan Greenspan's Bank Robert D. Auerbach Austin University of Texas Press [2021] © 2008 1 Online-Ressource (285 pages) txt rdacontent c rdamedia cr rdacarrier Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Nov 2021) The Federal Reserve-the central bank of the United States-is the most powerful peacetime bureaucracy in the federal government. Under the chairmanship of Alan Greenspan (1987-2006), the Fed achieved near mythical status for its part in managing the economy, and Greenspan was lauded as a genius. Few seemed to notice or care that Fed officials operated secretly with almost no public accountability. There was a courageous exception to this lack of oversight, however: Henry B. Gonzalez (D-TX)-chairman of the U.S. House of Representatives Financial Services (banking) Committee. In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including: Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring-for 17 years-it had no transcripts of its meetings; Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation; Allowing In English POLITICAL SCIENCE / General bisacsh Governmental investigations Case studies United States Governmental investigations United States Case studies https://doi.org/10.7560/717855 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Auerbach, Robert D. Deception and Abuse at the Fed Henry B. Gonzalez Battles Alan Greenspan's Bank POLITICAL SCIENCE / General bisacsh Governmental investigations Case studies United States Governmental investigations United States Case studies |
| title | Deception and Abuse at the Fed Henry B. Gonzalez Battles Alan Greenspan's Bank |
| title_auth | Deception and Abuse at the Fed Henry B. Gonzalez Battles Alan Greenspan's Bank |
| title_exact_search | Deception and Abuse at the Fed Henry B. Gonzalez Battles Alan Greenspan's Bank |
| title_exact_search_txtP | Deception and Abuse at the Fed Henry B. Gonzalez Battles Alan Greenspan's Bank |
| title_full | Deception and Abuse at the Fed Henry B. Gonzalez Battles Alan Greenspan's Bank Robert D. Auerbach |
| title_fullStr | Deception and Abuse at the Fed Henry B. Gonzalez Battles Alan Greenspan's Bank Robert D. Auerbach |
| title_full_unstemmed | Deception and Abuse at the Fed Henry B. Gonzalez Battles Alan Greenspan's Bank Robert D. Auerbach |
| title_short | Deception and Abuse at the Fed |
| title_sort | deception and abuse at the fed henry b gonzalez battles alan greenspan s bank |
| title_sub | Henry B. Gonzalez Battles Alan Greenspan's Bank |
| topic | POLITICAL SCIENCE / General bisacsh Governmental investigations Case studies United States Governmental investigations United States Case studies |
| topic_facet | POLITICAL SCIENCE / General Governmental investigations Case studies United States Governmental investigations United States Case studies |
| url | https://doi.org/10.7560/717855 |
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