Complex sentence: On May 16,2007, former Federal Reserve Chairman Alan Greenspan was hired as a special consultant by PIMCO and he will participate in PIMCO's quarterly economic forums and speak privately with the bond manager about Fed interest rate policy.
Split into simpler sentences: On May 16,2007, former Federal Reserve Chairman Alan Greenspan was hired as a special consultant by PIMCO. Greenspan will participate in PIMCO's quarterly economic forums and speak privately with the bond manager about Fed interest rate policy.