What Experts Are Saying

U.S. financial titan JPMorgan Chase’s $2 billion trading loss is an embarrassment for the otherwise tightly-run financial ship but won’t inflict lasting damage to the company, says William M. Isaac, former chairman of the Federal Deposit Insurance Corp. (FDIC). Meanwhile, the bank’s leadership should be given room to work out the problem itself and doesn’t [...]

My friend, Alex Pollock, Senior Fellow at the American Enterprise Institute in Washington, wrote the following article that you simply must read. The article is beautifully and simply written. It talks about the mistakes the government and bankers have repeatedly made in failing to set aside adequate reserves against potential losses, which have led to [...]

My friend David Malpass, Former Deputy Assistant Secretary of the Treasury and Chairman of Encima Global, a consulting firm based in New York City, wrote the piece below on the structural problems impeding economic and job growth in the U.S.  I recommend it to you highly.

James Grant, founder of Grant’s Financial Publishing Inc. and a journalist and author, recently delivered a speech on monetary policy at the Federal Reserve Bank of New York. The speech is remarkable for its substance, wit and incredible honesty and candor. I highly recommend it to you. The link is below.

We hosted Mitt and Ann Romney at our home in November 2011. National Public Radio’s Peter Overby interviewed me about that event for a piece on campaign fund raising that aired on April 30, 2012. The link to that NPR piece is below.

 Address by William M. Isaac Marvin Center George Washington University Washington, DC Economics Department Alumni Advisory Committee Lecture Series May 1, 2012   It’s very special to be invited to participate in this lecture series and to be among such a distinguished audience of business, government, academic, and student leaders.  I thank Professor Tony Yezer [...]

As many of you know, I am deeply concerned about the state of our nation – sixteen trillion dollars in debt with no end in sight and deeply flawed fiscal, tax, monetary, and regulatory policies. The coming election is the most important in my adult life. We must send individuals to Washington who are committed [...]

Address by William M. Isaac Farmer School of Business Miami University Oxford, Ohio 7th Annual Executive Conference on Excellence in Integrity, Leadership, and Transparency Navigating Decisions in a Perfect Storm April 19, 2012     First, I want to thank Mike Oxley for his overly-generous introduction.  Mike and I enjoyed our years together at Miami [...]

RESTORING AMERICA’S FUTURE By William M. Isaac I am delighted to be able to address the Annual Spring Luncheon of the Education Foundation of Sarasota.  Christine and I have long been supporters of the Education Foundation and its goals: To serve as the leading advocate for Sarasota County’s public schools To increase the graduation rate [...]

The recent $25 billion settlement by 49 attorneys general and the Obama Administration against the five largest mortgage servicers for deficiencies in their foreclosure practices is emblematic of misdirected energy and bad public policy. Like the Dodd-Frank financial reform law, the settlement is living proof that the judgment of politicians can be clouded by fixes [...]