"British Government put me to work yesterday." Sir Alan Greenspan, 9-26-02Submitted by fishyculture on Sun, 01/06/2013 - 17:38
"London was still at the "top of the financial pyramid" with New York, he said, despite predictions that foreign exchange trading would shift to the Continent following the introduction of the euro.
Greenspan was honoured by the Governor of the Bank of England, Sir Edward George, and British Chancellor Gordon Brown at a dinner on Wednesday night.
Greenspan cannot call himself "Sir" since he is not a UK citizen.
However, he will be able to add the letters KBE -- which stand for Knight Commander of the British Empire -- after his name.
It is an honour shared by former U.S. President Ronald Reagan, former U.S. President George Bush, former New York Mayor Rudy Giuliani, entertainer Bob Hope and U.S. Gen. Norman Schwarzkopf."
No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State. Article 1, Section 9, US Constitution
So Congress is allowing recent presidents to become knights in her Majesty's Court, the the man who ran, and still advises our Fed, is also a knight? And making remarks about London at the top of the pyramid, to boot. This is ridiculous.
Update: Giuliani got his for 9-11. Of course.