Much of the credit for prevention of a financial market meltdown after "Black Monday" (October 19,1987)must be given to the Federal Reserve System and its chairman

Question

Quizplus · Accepted Answer

The correct answer is D) Alan Greenspan. He was the chairman of the Federal Reserve System at the time of the "Black Monday" market crash and is often credited with his decisive actions to inject liquidity into the financial system, calm investor fears, and prevent a total meltdown of markets.

Much of the Credit for Prevention of a Financial Market