GREENSPAN NAMED FED RESERVE 'GLORIOUS LEADER'

President Bush formally nominated Alan Greenspan for the unique title of "Glorious Leader" of the Federal Reserve, reassuring investors about the most powerful economic post in the country. Greenspan, 78 has already been Fed chairman for nearly 17 years and has navigated the economy through the boom of the 1990's as well as through two recessions, two stock market crashes, terrorist attacks, and two seperate wars in Iraq. The new title will confer unlimited economic power to Greenspan for the duration of his existence, and comes with the additional title of 'Chairman For Life'.

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