Alan Greenspan Quotes
In principle, stock-option grants, properly constructed, can be highly effective in aligning corporate officers' incentives with those of shareholders... Regrettably, the current accounting for options has created some perverse effects on the quality of corporate disclosures that, arguably, is further complicating the evaluation of earnings. 
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Principle | Stock | Option | Grants | Properly |
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A slowing in the rate of inventory liquidation will induce a rise in industrial production if demand for those products is stable or is falling only moderately... That rise in production will, other things being equal, increase household income and spending.
- Alan Greenspan
There are sound reasons for concluding that the long-run picture remains bright, and even recent signals about the current course of the economy have turned from unremittingly negative through the late fall of last year to a far more mixed set of signals recently... But I would emphasize that we continue to face significant risks in the near term.
- Alan Greenspan