Highly doubtful.
Alan Greenspan was so far and away the worst Fed Reserve chairman in history that the idea we're even debating this seems laughable. He created the internet bubble by absurdly inflating the financial markets with artificially cheap money and deliberately propped up the housing bubble in 2002, in order to make up for the collapse of the internet bubble.
That would have by itself secured his standing as worst Fed Chairman ever.
However, Greenspan went well beyond that, by (1) urging low income homeowners to choose adjustable rate mortgages (brilliant advice), (2) urging seniors to invest their savings in the stock market, (3) thoroughly politicized his office by supporting Clinton's tax increases, etc.
If there were any justice in this world, Greenspan would be rotting away in a federal minimum security jail cell, longing for conjugal visits from Andrea Mitchell.
I am no fan of Greenspan per se or any Fed Chairman. I don’t believe in giving one man that much power. I’m not defending him other than to admire his brilliant work at obfuscating and meandering and boring congresscritters to tears. That’s all.
What about his “irrational exuberance” comment? In his one moment of candor he warned people to sober up. Was it the job of a Fed chairman to tell people not to buy stock in ass.com? The internet bubble was financial darwinism.
As for the rest of this, let me take it line by line:
(1) urging low income homeowners to choose adjustable rate mortgages (brilliant advice)
What are you talking about?
2) urging seniors to invest their savings in the stock market
What are you talking about?