der President Ford. He served during the Ford Administration from 1974 to 1977. During this time, his policies were credited with reducing inflation but leading to recession and may have contributed to Fords defeat for reelection (Encarta par 1). From 1981 to 1983 he served as Chairman of the National Commission on Social Security Reform. Other previous presidential appointments include the Presidents Foreign Intelligence Advisory Board, the Commission of Financial Structure and Regulation, the Commission on Financial Structure and Regulation, the Commission of an All-Volunteer Armed Force, and the Task Force on Economic Growth (Board of Governors par. 5). Dr. Greenspan has served in many corporate and noncorporte positions. In recent years he has served as a Corporate Director for Aluminum Company of America (Alcoa); Automatic Data Processing, Inc.; General Foods, Inc.; J.P. Morgan & Co., Inc.; Mobil Corporation; and The Pittston Company. Some of his noncorporate positions include Member of the Board of Trustees, The Rand Corporation; Director, Institute for International Economics; Member of the Board of Overseers; and Vice Chairman and Trustee, Economic Club of New York (Board of Governors par. 6,7).There are a few interesting facts about his personal life and personality. He was a newlywed at the age of 71, some 44 years after his first marriage was annulled. He was a musician in the 1940s before turning to a life of number crunching. Although he is an admirer of technology, he drafts his speeches in longhand. In addition, he is famous for not speaking at parties. One hostess observed that he would nod a lot and at the end of the night people say, Wow! That man is brilliant, even though he had never said anything (Chait 22). In fact, one congressmans wife observed him at a party and in 35 minutes of chatter, he had only spoken 22 words. Most of the words were directed towards the person serving the hors doeuvers. How...
