A hard act to follow

Ben Bernanke will have a tough job ahead when he takes over at the Fed Reserve. AS Alan Greenspan begins his long goodbye, the legendary US Federal Reserve chairman can look back on a job very well done. Alan Binder, once Greenspan's number two, went as far as to describe his former boss as “the greatest central banker who ever lived". All of which makes Greenspan a very tough act to follow. That unenviable task fell last week to Ben Bernanke, who is president Bush's nomination to take over the post on January 31, 2006.

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