Bernanke becomes Fed chairman, but without a seat

Alan Greenspan celebrated his final day as Federal Reserve chairman with a lunch of grilled salmon and chocolate cake. He also received various gifts from his colleagues, including his boardroom chair.

A Fed spokeswoman said one of the chairs used by Greenspan during his 18-1/2 year tenure was given to the 79-year-old Fed chief as a going-away gift from his colleagues.

Each FOMC member gave Greenspan a business card, along with a signed and framed dollar bill from each Fed bank district.


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