Our financial system and economy are in a mess thanks largely to failed government policies and a dysfunctional regulatory system.  Senseless Panic offers a common sense path to recovery.

“We cannot solve problems with the same thinking we used when we created them.”

– Albert Einstein

Buy Now

Read Reviews

image description

RECENT MEDIA COVERAGE

in leading business publications
THE FINANCIAL CRISIS: WHY THE CONVENTIONAL WISDOM IS WRONG By Richard Kovacevich

[Dick Kovacevich and I have been friends for over 30 years, having met in 1982 when he was a rising star at Citibank and I was Chairman of the FDIC. Dick retired a couple of years ago as Chairman & CEO of Wells Fargo & Co. I am hard pressed to identify any CEO of […]

Posted: Oct 19, 2014
THE AMERICAN BANKING SYSTEM MIGHT NOT LAST UNTIL MONDAY By Alex Pollock

[This article by Alex Pollock, Resident Fellow at the American Enterprise Institute, is absolutely must reading for those trying to make sense of what went wrong during the 2008-2009 financial crisis. As you read it, recall that government leaders proclaimed publicly during the crisis of 2008 that the financial system was facing “financial Armageddon” and […]

Posted: Aug 19, 2014
MEMORY AND FINANCIAL CYCLES By Alex J. Pollock

[Alex J. Pollock is a resident fellow at the American Enterprise Institute in Washington, DC. He was President and CEO of the Federal Home Loan Bank of Chicago 1991-2004. The article is well worth your time reading. A somewhat shorter version of the article was published recently in the Wall Street Journal.] Memories fade. It […]

Posted: Jul 16, 2014
Former FDIC Chief Answers The Question I Asked Bob Corker By Woody Woodruff of the Banking Law Connection, July 9, 2014

Nearly a year ago, I had the opportunity to have breakfast with Senate Banking Committee Ranking Minority Member, Sen. Bob Corker [R-TN]. OK . . . the imperative of full disclosure requires that I admit that I was merely one of about 150 people attending an industry group event in Nashville. Sen. Corker, home for […]

Posted: Jul 11, 2014
Fannie Mae, Freddie Mac Plan Botched: Ex-FDIC Chairman by Mani on Value Walk, July 8, 2014

If rule of law in Housing and Economic Recovery Act is not adhered to, future investment in banking institutions will be in jeopardy By defying and rewriting the terms of conservatorship, the U.S. government acts as a destabilizing force, notes William Isaac, former FDIC Chairman. In an article published in The Wall Street Journal, William […]

Posted: Jul 9, 2014
View All Print

RECENT PUBLISHED WORK

articles by William Isaac
Broken Promises to Fannie and Freddie Investors, by William M. Isaac published by American Banker on October 20, 2014

Earlier this month, D.C. District Court Judge Royce Lamberth threw out a lawsuit brought against the government by shareholders of Fannie Mae and Freddie Mac. Some critics of the housing giants have hailed Judge Lamberth’s finding against investors as a win for American taxpayers — but nothing could be further from the truth. The case […]

Posted: Oct 21, 2014
TIME FOR A NEW APPROACH TO ALTERNATIVE FINANCIAL SERVICES By William M. Isaac

It’s an honor to deliver this keynote address at the annual meeting of the Financial Services Centers of America (“FiSCA”). FiSCA represents some 6,000 licensed financial service center locations nationwide and these centers provide a broad range of much-needed products and services including: check cashing, prepaid cards with savings options, electronic bill payment services, installment […]

Posted: Oct 11, 2014
Creating More Homeowners Without Building a Crisis By William M. Isaac and Edward Pinto, Published in the Wall Street Journal, October 3, 2014.

Sales of existing homes in August were down 5.3% year-over-year. The housing lobby says credit is too tight. The commissioner of the Federal Housing Administration and the director of the Federal Housing Finance Agency (regulator of Fannie Mae and Freddie Mac ) have called for lenders to further loosen lending standards. While the housing market […]

Posted: Oct 4, 2014
ISAAC DELIVERS KEYNOTE ADDRESS AT ANNUAL MEETING OF SHAREHOLDERS OF FEDERAL HOME LOAN BANK OF INDIANAPOLIS (August 27, 2014)

SOUND FINANCIAL REGULATION ESSENTIAL TO SUSTAINABLE ECONOMIC GROWTH: WE CAN ALL DO BETTER By William M. Isaac* I’m honored to be asked to address this annual meeting of the stakeholders of the Federal Home Loan Bank of Indianapolis.  I know you represent a broad array of financial institutions supporting housing needs and economic growth in […]

Posted: Aug 26, 2014
DOJ Memo Leaves No Doubt About Choke Point’s Motives, by William M. Isaac published by American Banker on July 18, 2014

Two House Committees – Financial Services and Judiciary – held hearings this week on the legislation intended to rein in Operation Choke Point. Implemented nearly two years ago by the Department of Justice in coordination with some bank regulators, Operation Choke Point denies essential banking services to companies engaged in lawful business activities that some […]

Posted: Jul 18, 2014
View All Works