Brooksley Born : Prophet and Loss

BY RICK SCHMITT

PHOTOGRAPHY BY ERIKA LARSEN

Shortly after she was named to head the Commodity Futures Trading Commission in 1996, Brooksley E. Born was invited to lunch by Federal Reserve chairman Alan Greenspan.

The influential Greenspan was an ardent proponent of unfettered markets. Born was a powerful Washington lawyer with a track record for activist causes. Over lunch, in his private dining room at the stately headquarters of the Fed in Washington, Greenspan probed their differences.

STANFORD Magazine: March/April 2009 > Features > Brooksley Born

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