For decades, William Isaac’s insights on the U.S. financial system have been featured in leading news publications. Now, you can browse them all in one location.

MEDIA COVERAGE

in leading business publications

Banks Boost Yield Through FDIC Auctions

Banks Boost Yield Through FDIC Auctions

September 3, 2010

By Lauren Tara LaCapra for The Street

Though banks have been facing more and more pressure to originate fresh loans to consumers and small businesses, they don’t really have to yet – they’re growing loan books through Federal Deposit Insurance Corp. auctions instead.

The bidding wars for failed bank assets have heated up over the past few months, a result of the low interest-rate environment and the enormous amount of capital sloshing around the banking industry. This is a great development for banks and for the FDIC, but not such a great thing for economic growth.

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Isaac: Banking on consolidation

Isaac: Banking on consolidation

September 3, 2010

By Michael Rudnick for The Deal Magazine

William Isaac, 66, who sat squarely in the eye of the savings and loan storm as chairman of the Federal Deposit Insurance Corp. from 1981 to 1985, observed the most recent meltdown from a more comfortable perch as chairman of financial services consulting firm LECG Global Financial Services. He also assumed the role of chairman of Fifth Third Bancorp earlier this year.

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The Dodd-Frank Act: Creative Destruction, Destroyed

The Dodd-Frank Act: Creative Destruction, Destroyed

August 31, 2010

By Peter Wallison for The Wall Street Journal

From the American Enterprise Institute

The dominant theme of the 2,300-page Dodd-Frank Wall Street Reform and Consumer Protection Act is fear of instability and change, which the act suppresses by subjecting the largest financial firms to banklike regulation. The competitiveness, innovativeness, and risk taking that have always characterized U.S. financial firms will, under this new structure, inevitably be subordinated to supervisory judgments about what these firms can safely be allowed to do.

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Off the shelf: Book of the month

Off the shelf: Book of the month

August 27, 2010

By Derek Parker for MIS Financial Review

Book of the month:

Senseless Panic: How Washington Failed America

As the former head of the Federal Deposit Insurance Corporation, William Isaac played a critical role in steering the US through the banking crisis of the 1980s. He can rightly claim to know something about financial catastrophes.

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Banking on Reform

Banking on Reform

August 1, 2010

By Molly McCartney for biz941

In a new book and all over the media, former FDIC chair Bill Isaac campaigns to prevent another U.S. banking crisis.

All is quiet in Bill and Christine Isaac’s waterfront mansion. The kids aren’t home yet from their afternoon activities. The housekeeper is busy in the kitchen. The family’s small dog, Paco, a Havanese with curly dark-brown hair, is napping. Bill is in his home office, where he has a view of the turquoise waters of New Pass. But he’s not looking at the view. He’s at his computer reading one of his 200 daily e-mails, talking on the telephone, monitoring a television news station (it’s on mute) and thinking about the financial, development and community issues that have consumed him for most of his 66 years.

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Capitol Hill ‘complicit’ in lead-up to banking crisis

Capitol Hill ‘complicit’ in lead-up to banking crisis

August 1, 2010

Book Overview by the Journal of Regulation & Risk North Asia

In a patriotic call to arms, former FDIC chief, William M. Isaac, pulls no punches in his new book, ‘Senseless Panic’.

THE financial panic of 2008 and the ensu- ing deep recession did not have to hap- pen and I am appalled by the enormous financial, human and political cost of it all. Taxpayers, rightly so, are extremely angry about the events of 2008 and 2009 – they know instinctively that something does not smell right.

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Booked: Bill Isaac’s Senseless Panic

Booked: Bill Isaac’s Senseless Panic

July 30, 2010

by Michael Noer, Executive Editor for Opinions & Special Reports for Forbes

During 1985, the last year of Bill Isaac’s reign as chairman of the Federal Deposit Insurance Corporation (FDIC), there were 120 bank failures in the U.S. Savings banks were in crisis, insolvent to the tune of $100 billion. Displaying great flexibility, Isaac decided to shutter some banks, while saving others.

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