Greenspan speaks of FUD and his new book

The Maestro Speaks - Portfolio.com -- Last year, just around now, Gloria and I had the pleasure of hearing Alan Greenspan, now dubbed "The Maestro," speak at our annual conference in Atlanta. He was gracious, urbane, entertaining, and had a huge hole in the sole of his shoe, best we could figure. We inferred that he was tight with a dollar, and felt good about his stewardship.

At the link is a recent account of another talk of his, speaking to markets, patterns, and FUD (fear, uncertainty, and doubt). It's more sensational and alarmist than what we heard last year, and--and I'm not attempting to detract from his message--he's also coming out with a book next week.

Next week, the former Fed chairman will publish his first book since he handed the reins to Ben Bernanke in 2006. Called The Age of Turbulence: Adventures in a New World, it will chronicle his 19-year tenure as the nation's top economic policymaker.