"Greenspan’s rise is instead a tale of a gerbilish mirror-gazer who flattered and bullshitted his way up the Matterhorn of American power and then, once he got to the top, feverishly jacked himself off to the attentions of Wall Street for twenty consecutive years - in the process laying the intellectual foundation for a generation of orgiastic greed and overconsumption and turning the Federal Reserve into a permanent bailout mechanism for the super-rich."
Matt Taibbi on Alan Greenspan, from Griftopia: Bubble Machines, Vampire Squids and the Long Con that is Breaking America. (via thenoobyorker)
