Former Fed Chair Alan Greenspan dies at 100 in Washington

Alan Greenspan, the former Federal Reserve chair whose tenure spanned boom years, market shocks and later backlash over the 2008 financial crisis, died Monday at his home in Washington. He was 100. NBC News, citing his wife Andrea Mitchell, reported that complications from Parkinson’s disease caused his death. Greenspan led the US central bank from 1987 to the start of 2006, a period marked by a long economic expansion, low unemployment and a powerful stock market run. He became one of the best-known central bankers in the world, with congressional testimony and speeches that often moved markets. Admirers credited him with helping steady the economy through the 1987 crash and later turmoil, while critics tied his low-rate era and deregulatory views to risks that surfaced in the housing bust and global financial crisis.