"I got to know a lot of people on Wall Street. I used to tell then that Alan Greenspan was a musician. He was at Juilliard when I was there, a clarinet major, and he played in the Henry Jerome Band at the . After he became chairman of the Fed, Time had his picture on the cover, and inside they had a picture of him with the Edison Hotel band. One of the guys said, "I don't understand something. Why did Greenspan give up the music business, to become an economist?" "Very simple," I told him, "you should have heard him play the clarinet.""