Nick Timiraos
speaker
1,192 appearances
14 recordings
5 series
first heard Oct 2025
last heard 17 Sep
Nick Timiraos’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 14 in all, peaking in Jun 2026 with 4.
Appearances
He believed in free trade.
He believed in deregulation.
And so he supported policies that would allow...
what was happening to continue.
Sometimes it's just having the good sense when to not do anything, to sort of sit back and let things play out.
How would you describe Greenspan's reputation at its peak?
I mean, at its peak, he was a rock star.
He was the first celebrity central banker.
When John McCain ran for president in 2000, he was asked, all the candidates were asked if they would reappoint Alan Greenspan, whose term was up that year.
And he said, not only that, but if he died, I'd prop him up like the guy at Weekend at Bernie's.
He commanded a level of deference that's very hard to imagine in this much more polarized Washington that we live in, you know, a quarter century later.
And a lot of the challenges that we saw with financial regulation to some extent could be blamed on sort of the deregulatory philosophy that was shared broadly in Washington in the period before the crisis and evangelized in particular by Alan Greenspan.
Greenspan believed that financial institutions had a self-interest in that they wouldn't take risks that would wipe out their shareholders.
Why would they do that?
They had their reputations to protect.
He thought they would behave ethically.
in order to preserve those reputations.
And so he took a hands-off approach to regulating these institutions.
And for a while, that seemed as if it worked just fine.
It worked, you could say, until it didn't.
Showing 761–780 of 1,192 · page 39 of 60
← Previous
Next →