Timeline Saturday 6 March 1926

Events on Saturday 6 March 1926 3

• 1926 – 2026 Alan Greenspan Alan Greenspan (born 6 March 1926, New York City) served as Chairman of the Federal Reserve of the United States from 1987 to 2006 — the second-longest tenure in the Fed's history. During his 18 years at the Fed, Greenspan navigated the 1987 Black Monday crash, the savings and loan crisis, the dot-com bubble, the 9/11 attacks and the longest peacetime economic expansion in American history. His monetary philosophy — keeping interest rates low, trusting financial markets to self-regulate, and using the Fed's bully pulpit to guide market expectations — was influential beyond measure. The 2008 financial crisis, which struck two years after his retirement, forced a devastating reassessment of those beliefs. Greenspan famously admitted to Congress in 2008 that he had found 'a flaw' in his ideology.
• 1926 Alan Greenspan born in Washington Heights, New York Alan Greenspan is born on 6 March 1926 in the Washington Heights neighbourhood of Manhattan, the only child of Herbert Greenspan, a stockbroker, and Rose Goldsmith. His parents divorce when he is five; he is raised primarily by his mother and maternal grandparents in a Jewish household. Herbert Greenspan writes a book called 'Recovery Ahead!' (1935) predicting economic recovery from the Depression — an early sign that economic thought runs in the family. Alan is a gifted student of mathematics and shows an early aptitude for numbers.
• 1926 – 2016 Andrzej Wajda (1926-2016) Died 9 October 2016, aged 90 Wajda was a Polish film director whose works, including Ashes and Diamonds and Man of Iron, chronicled Poland's turbulent 20th-century history. He received an honorary Academy Award in 2000 for lifetime achievement. He remained active in filmmaking until his death.