TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

OTHERS WHO SHAPED 1997: ALAN GREENSPAN

A newlywed at the age of 71, some 44 years after his first marriage was annulled, an admirer of high tech who nonetheless drafts speeches in longhand, a Republican who gets along better with the Clinton Administration than he ever did with its G.O.P. predecessors, Alan Greenspan has long been a man of surprises. But none is more startling than his recent transformation in the public mind. Back in 1994, when he was engineering a series of interest-rate increases, the Federal Reserve chairman was regularly assailed as a zealot willing to strangle economic growth in pursuit of a chimerical goal of...

Quotes of the Day »

RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.