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Jim Zirin speaks with Sebastian Mallaby.

Alan Greenspan served as Federal Reserve Chairman from 1987 to 2006, succeeding Paul Volcker. For many, he was the undisputed architect of American prosperity. For others, he was to blame for the 2008 financial crisis. Sebastian Mallaby, author or an extraordinary biography entitled, The Man Who Knew–The Life and Times of Alan Greenspan, tells Jim that, while Greenspan saw the handwriting on the wall in the early 2000s, he failed to take the action needed to avert the crisis.

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