Alan Greenspan, second most influence person in the world after US President George W. Bush is due for retirement. Everybody in the financial world is guessing who would be his successor.
The guessing game ended yesterday when US President George W. Bush nominated his top economic advisor Dr Ben Bernanke as chairman of Federal Reserve Board to succeed Alan Greenspan.
The appointment is subject to Senate confirmation.
Dr. Bernanke was born on December 13, 1953, in Augusta, Georgia. He received a B.A. in economics in 1975 from Harvard University (summa cum laude) and a Ph.D. in economics in 1979 from the Massachusetts Institute of Technology.
Updated: Dr Bernanke is a co-author of a book " Inflation Targeting: Lessons from the International Experience "
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