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biz_fedchief_05.ID_WB = 7899065;
biz_fedchief_05.sPubDate = "10/17/2005 8:28:18 PM GMT";
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biz_fedchief_05.appHeader = "who's who|Filling Greenspan's shoes";
biz_fedchief_05.appDeck = "Federal Reserve Chairman Alan Greenspan is scheduled to step down Jan. 31 after more than 18 years atop the central bank. Click below to learn more about potential candidates to succeed him.";
biz_fedchief_05.appFooter = "Source: MSNBC research. Odds are from Royal Sports as of Oct. 6.";
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biz_fedchief_05[i++] = new Array("","Front runners","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
biz_fedchief_05[i++] = new Array("","Ben Bernanke","","http://msnbcmedia.msn.com/j/msnbc/Components/Photos/050511/bernanke_ben.cmug.jpg","","", "", "", "", "", "right", "Danny Johnston", "AP", "166", "126", "#000000", "", "", "", "");
biz_fedchief_05[i-1].body = "Age: 51
Currently: Chairman, White House Council of Economic Advisers
Formerly: Fed governor, Princeton University economics professor
Education: Massachusetts Institute of Technology Ph.D., Harvard undergraduate
Comments: Has emerged as the odds-on favorite to succeed Greenspan, especially since President Bush named him to the high-profile White House post this year. In two and a half years as a Fed governor, Bernanke became perhaps the most prominent central bank policy-maker outside Greenspan. Best known for his early recognition of the potential threat of deflation – and options for fighting it. A strong advocate of targeting a specific inflation rate, rather than the less explicit targeting approach favored by Greenspan.
Odds: 5-4";
biz_fedchief_05[i++] = new Array("","Glenn Hubbard","","http://msnbcmedia.msn.com/j/msnbc/Components/Photos/050511/hubbard_glen.cmug.jpg","","", "", "", "", "", "right", "Damian Dovarganes", "AP", "166", "126", "#000000", "", "", "", "");
biz_fedchief_05[i-1].body = "Age: 47
Currently: Dean and economics professor, Columbia University graduate school of business
Formerly: Chairman, President Bush’s Council of Economic Advisers, 2001-03, deputy assistant Treasury secretary, 1991-93
Education: Harvard Ph.D, University of Central Florida undergraduate
Comments: Considered one of the main developers and advocates of tax cuts proposed by President Bush and passed by Congress, particularly in 2003. Has written extensively about tax policy. Strong supporter of Bush’s plans to reform Social Security.
Odds: 2-1";
biz_fedchief_05[i++] = new Array("","Martin Feldstein","","http://msnbcmedia.msn.com/j/msnbc/Components/Photos/050511/feldstein_martin.cmug.jpg","","", "", "", "", "", "right", "J. Scott Applewhite", "AP", "166", "126", "#000000", "", "", "", "");
biz_fedchief_05[i-1].body = "Age: 65
Currently: Economics professor, Harvard University; president, National Bureau of Economic Research
Formerly: Chairman of President Reagan’s Council of Economic Advisers, 1982-84
Education: Oxford Ph.D., Harvard undergraduate
Comments: One of the nation’s most influential economists from his chair at Harvard University, where he has taught scores of economists who have gone on to high government positions, including Hubbard and Lawrence Summers, the former Treasury secretary who is now president of Harvard. Another source of influence is his position at the NBER, which publishes dozens of economic papers a year. Strong supporter of personal accounts to supplement Social Security and health benefits. Chances may be hurt by his role as a director of insurance giant American International Group, currently the target of several investigations into its accounting practices.
Odds: 4-1";
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biz_fedchief_05[i++] = new Array("","John Taylor","","http://msnbcmedia.msn.com/j/msnbc/Components/Photos/050511/taylor_john.cmug.jpg","","", "", "", "", "", "right", "Issei Kato", "Reuters", "166", "126", "#000000", "", "", "", "");
biz_fedchief_05[i-1].body = "Age: 58
Currently: Professor of economics, Stanford University; senior fellow, Hoover Institution
Formerly: Treasury undersecretary for international affairs, 2001-05; member, White House Council of Economic Advisers, 1989-91
Education: Stanford Ph.D., Princeton undergraduate
Comments: Formerly worked for Townsend-Greenspan & Co., the consulting firm founded by Alan Greenspan. Best known for developing the \"Taylor rule\", for calculating the appropriate federal funds rate based on the actual rate of inflation, the target rate and the difference between acutal and potential economic output.
Odds: 7-1";
biz_fedchief_05[i++] = new Array("","Donald Kohn","","http://msnbcmedia.msn.com/j/msnbc/Components/Photos/050518/brill_kohn.cmug.jpg","","", "", "", "", "", "right", "", "Federal Reserve", "156", "126", "#000000", "", "", "", "");
biz_fedchief_05[i-1].body = "Age: 52
Currently: Member, Federal Reserve Board of Governors
Formerly: Career staffer at the Federal Reserve, beginning in 1970 as an economist at the Kansas City branch.
Education: Michigan Ph.D., College of Wooster (Ohio) undergraduate
Comments: Views are considered to be close to those of Greenspan. Has written extensively on Fed monetary policy. Was appointed to the board in 2002 for a full term ending in 2016, after which he cannot be reappointed.
Odds: 7-1";
biz_fedchief_05[i++] = new Array("","Also mentioned","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", "");
biz_fedchief_05[i-1].body = "Lawrence Lindsey, former Bush economic adviser, former Fed governor.
Roger Ferguson, Fed vice chairman";
// END editorial data