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Everything Isn't Going to Be O.K.

Everything Isn't Going to Be O.K.

In Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve, William A. Fleckenstein takes tough shots at the former Fed chairman. The hedge fund manager and writer of the online column Contrarian Chronicles studied transcripts of Fed meetings and Greenspan's congressional testimony, and tracked the market's moves. That is the basis for the critique he co-authored with Frederick Sheehan, published by a unit of McGraw-Hill (MHP), BusinessWeek's corporate parent. Contributing editor Christopher Farrell asked Fleckenstein how investors will fare during Ben Bernanke's regime.

Chapter headings like "How Wrong Can One Man Be?" make your opinion of Greenspan clear. What about Bernanke?