03 December 2007

Greenspan Was `Very Bad' Fed Chairman, Says Artus of Natixis

"Greenspan was an arsonist and a fireman combined."--Patrick Artus

By Farah Nayeri

Nov. 30 (Bloomberg) -- Alan Greenspan, who led the U.S. Federal Reserve for 18 years and was revered in the financial markets, was a ``very bad'' Fed chairman.

That's the blunt verdict of Patrick Artus, chief economist of Natixis SA and one of France's most listened-to pundits: He is an economic adviser to the French government.

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