COVID-19: Where We Are Now and How We Can Safely Climb Out of the Economic Hole We’re In, Part I

TV COVERAGE

COVID-19: Where We Are Now and How We Can Safely Climb Out of the Economic Hole We’re In, Part I

May 17, 2020

PUBLISHED WORKS

BankThink Strip FASB of its powers by William M. Isaac, Howard P. Milstein published by American Banker June 12, 2020 The latest Financial Accounting Standards Board debacle may finally cause the government to step in and end its monopoly power to dictate accounting standards on banks and financial regulators. The most recent step in that direction was a June 4 letter from a bipartisan group of four U.S. senators to Treasury Secretary Steven Mnuchin, in his ...
How the U.S. Fought the 1957 Flu Pandemic by Emily Moon published by Smithsonian Magazine, June 2020 June 12, 2020 [Everyone knows that the COVID-19 virus the world has been suffering through is the first global pandemic since the Spanish Flu in 1918. So we’re talking about an event that perhaps occurs only once every century, right? Everybody knows this is a once per century event, Right? What if I told you that is not ...
Isaac | Milstein Letter to Congress, May 5, 2020 May 5, 2020 As our nation’s banking institutions, and particularly small banks, face unprecedented strain in the midst of the COVID-19 pandemic, we thought you might be interested in an article we recently wrote for American Banker on Congress’s recent decision to freeze the implementation of a new accounting standard on small banks – the Current Expected Credit ...
BankThink Congress was right to freeze CECL by William M. Isaac, Howard P. Milstein April 24, 2020 The Financial Accounting Standards Board is at it again. The counterproductive and harmful mark-to-market accounting rules imposed by FASB led to the near collapse of the global economy during the financial crisis, and to the $700 billion Troubled Asset Relief Program. Now, FASB wants to require banks to adopt another form of mark-to-market accounting rules known as ...
BankThink How small banks can help small companies get through coronavirus published by American Banker by William M. Isaac, Howard P. Milstein April 7, 2020 The coronavirus has brought together a badly divided country in a way almost never seen. With an invisible enemy uniting the nation, the vibrant network of more than 5,000 local banking institutions, if properly harnessed, can be a crucial weapon. There is no better vehicle available to stabilize the nation’s economy than the banks rooted in ...
BankThink Calls for CECL delay expose standard’s flaws published by American Banker by William M. Isaac and Thomas P. Vartanian March 24, 2020 The Federal Deposit Insurance Corp. chief has fired up what could be the opening barrage in the war over accounting supremacy. Specifically, FDIC Chairman Jelena McWilliams urged the Financial Accounting Standards Board to suspend or defer the adoption by banks of the new Current Expected Credit Losses methodology for recording losses. When or if CECL becomes effective, ...

TV COVERAGE

Share this:

Related