Summary of Alan Greenspans Speech to the American Bankers Association
This is a summary of the speech that Alan Greenspan gave to the American Bankers Association Convention in New York City in October 2004. The purpose of the paper was to summarize Greenspan's intent and conclusions. The point of Greenspan's speech was to praise the historical innovations and adaptations that the banking industry has made since the 1960s and encourage them to use that spirit of adaptation to strengthen their industry in the years to come.