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Seven facts about former Fed chairman Alan Greenspan

By Thomson Reuters Jun 22, 2026 | 7:04 AM

June 22 (Reuters) – Seven facts about former Federal Reserve Chairman Alan Greenspan, who died on Monday at age 100:

* Greenspan ​grew up a Benny Goodman fan ‌and before taking up economics he studied clarinet for two years at New York’s Juilliard School and played saxophone with a touring jazz band.

* Greenspan and ‌NBC ​News correspondent Andrea Mitchell dated ⁠for 12 years ⁠before marrying in 1997.

* Greenspan was notorious for speaking cryptically and once said, “I guess I should warn you, if I turn out ​to be particularly clear, you’ve probably misunderstood what I said.”

* His first wife introduced ⁠Greenspan to Ayn Rand, ⁠the “Atlas Shrugged” novelist known for her ​philosophy of individualism, and they became close friends.

* ​The bathtub served as Greenspan’s auxiliary office. ‌He said it was during his daily morning baths, which sometimes lasted two hours, that he had his best ideas, using the ⁠tub time to read reports and write speeches. “Immersed in my bath, I’m as happy as Archimedes as ⁠I contemplate ‌the world,” he wrote in his ⁠memoir.

* After he retired from ​the ‌Federal Reserve, Penguin Press paid $8.5 million ​for his ⁠memoir, which at the time was the second-largest advance paid for a non-fiction book.

* In his last year at the Fed, Greenspan had a salary of about $180,000.

(Compiled by Bill TrottEditing by ​Diane Craft)