During the Boom, Greenspan Never Attended His Own Consumer Advisory Council’s Meetings
Wednesday, March 24, 2010 at 1:19 pm
By the way, if you’re going through the transcripts of the Consumer Advisory Council, you’ll see that Fed Chairman Ben Bernanke attends the meetings, which are held three times a year in Washington, D.C.
We were curious: During the boom, did former Fed Chairman Alan Greenspan ever go to the meetings? Maybe rub elbows with consumer advocates who were sounding the alarms over high-rate subprime mortgages?
Our researcher, Rachel Hartman, got some limited info from the Fed. From 2000 to the end of his term in 2006, Greenspan never attended a single CAC meeting.
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