On Thu, 18 Apr 2002, Micheal Ellis wrote:
>
> >
> >Members of the Fed board of governors are appointed by the president
> >& confirmed by the Senate. AG himself was a Wall Street economic
> >consultant of no particular distinction who was long involved in
> >Republican politics before Reagan appointed him Fed chair.
>
> wow it seems like he's been around forever...but that is much longer
> than i thought. i would have guessed he was appointed by BushI
> or something. so is it going to be Greenspan till he dies or whatnot?
>
> ~M.E.
No, even after he dies, they'll leave him propped up in a chair, contemplating interest rate hikes.
Miles