Greenspan auditorium?

18 February 2011 By Richard Beales Follow @richardbeales1

The former Fed chairman, quizzed by the billionaire investor in an NYU auditorium bearing his name, admitted to gloom over Obama’s latest budget and concern that the government may be strangling the economy. Pity Greenspan didn’t worry about the opposite effect when at the Fed.

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John Paulson, president of Paulson & Co, on Feb. 17 interviewed Alan Greenspan, former chairman of the U.S. Federal Reserve, in the John A. Paulson Auditorium at New York University's Stern School of Business.

The business school announced in November 2009 that Paulson, an alumnus, had given $20 million to endow two faculty chairs the Alan Greenspan Chair in Economics and the John A. Paulson Professor of Finance and Alternative Investments as well as to support other school projects.

Paulson said in January 2008 that Greenspan would advise his firm.

Greenspan was chairman of the Fed from 1987 to 2006.

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