Big bucks for a Greenspan speech?
Fed chairman reportedly set to join elite club of top-dollar lecturers.
NEW YORK (CNNMoney.com) - Alan Greenspan is expected to join an elite organization of six-figure lecture luminaries after he steps down as chairman of the Federal Reserve, according to a news report Monday.
Greenspan, who has held the chairman position since 1987, is expected to join the Washington Speakers Bureau, a lecture agency based in Alexandria, Va., the Financial Times reported Monday. The newspaper attributed the information to "people in the U.S. event management industry."
Greenspan would share bureau membership with such "formers" as former secretaries of State Colin Powell and Madeleine Albright, former Defense Secretary William Cohen, former New York City Mayor Rudolph Giuliani, as well as Monty Python alumnus John Cleese, the FT reported.
Greenspan would also share membership with prominent journalists, including CNN's Lou Dobbs and Christiane Amanpour, according to the FT.
Pending Senate confirmation, White House economic adviser Ben Bernanke succeeds Greenspan as Federal Reserve chairman on Feb. 1.
To read about the challenges facing Bernanke, click here.