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Alan Greenspan's Fed Haircut
Alan Greenspan went to the Federal Reserve headquarters Tuesday as the Federal Open Market Committee began a two-day meeting on monetary policy. He was caught on camera arriving at the Fed. But officials claim that he wasn't there to advise on monetary policy. He was there to get a haircut. And not a metaphorical reduction in the principal value of a bond. An actual haircut. The Fed has an in-house barbershop. It also has a sign that reads, "Your Growth Rate Affects My Money Supply." Some on Wall Street are skeptical that Greenspan was really just there for a haircut. "Why go when the FOMC is meeting? Does the barber ... (full story)
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