Greenspan Heart Attack?

WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday declined to comment on a market rumor that Fed Chairman Alan Greenspan had had a mild heart attack.
"The Fed does not comment on market rumors," Fed spokesman Andrew Williams said.

The rumor about the central bank chief led to a decline in the value of the dollar against the euro.

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I wonder?!?!?!

they are completely denying that Greenspan had a heart attack.

Federal Reserve Denies Greenspan Suffered Heart Attack
"There is no truth to the rumor. The chairman is fine," said Michelle Smith, spokeswoman for the Federal Reserve.

Greenspan, who recently turned 78, has been chief of the Federal Reserve since August 1987. He is often described as the second-most important person in Washington because his comments can move financial markets and because of his lead role in setting interest rate policy in the United States, the world's largest economy.

Rumors that Greenspan was having health problems were circulating on Wall Street even before the stock market opened, but the gossip did not appear to have a major impact on trading.

Stocks did move lower shortly after 10 a.m., as the first media reports about the rumor surfaced, but the selling was more likely motivated by a disappointing economic report that tracks manufacturing activity in the Midwest region, said Brian Pears, head equity trader at Victory Capital Management in Cleveland.

Last Friday, Greenspan had missed delivering remarks to a monetary conference because he had a cold, but he still worked from home.

The markets are so controlled by the Fed that even if there was a rumour that Greenspan had the #s, it would wipe millions off the stock exchange.

UmHum... a heart attack.... Im sure he did. He has a stressfull job and all.

Originally posted by Pisky
The markets are so controlled by the Fed that even if there was a rumour that Greenspan had the #s, it would wipe millions off the stock exchange.

Of course they will deny it. For exactly that reason.

If Greenspan actually did die Bushco would pull a "Weekend at Bernies" and carry him around pretending he was alive for the duration of Bushco's term

-psd_1

"the fed does not comment on market rumors"

YEAH! that's right. they don't!

they FABRICATE the majority of those rumors.