“Paul Volcker took over as Chair of the Fed in August 1979. A recession officially began five months later.  This was the worst recession since the Great Depression.  In August 1987 Alan Greenspan took over the Fed. Two months later ‘Black Monday’ occurred on October 19, 1987, when the Dow dropped 22.6% that day alone–the worst one-day crash in history.  In February 2006 Ben Bernanke became Fed chair. The worst recession since the Great Depression officially began in December 2007, and you may recall there was some trouble in the financial markets in September 2008…  In January 2014 Janet Yellen became Fed chair.”

http://consultingbyrpm.com/blog/2014/07/the-fed-chairs-have-a-habit-of-hazing.html

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