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[ILLUSTRATION OMITTED]
Former Federal Reserve Chairman Alan Greenspan lives a charmed life. Besides pulling down an $8.5 million advance on his memoir, The Age of Turbulence: Adventures in a New World (topped only by Bill Clinton's $10 million advance), he recently was treated to an orgy of media hype and hoopla usually reserved for screen idols and rock stars.
This hype continued even though during his dozens of media appearances in September, the fabled "Maestro" of central banking made at least two damning confessions that should have sparked universal outrage and a torrent of condemning headlines and editorials. However, Greenspan's admissions seem ...