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

Reaching the Limit of Washington’s Debt Expansion

Reaching the Limit of Washington’s Debt Expansion

January 27, 2011

David Malpass, former Assistant Secretary of the Treasury under President Reagan, issued the following bulletin on the Congressional Budget Office’s newly issued budget outlook.  Every American should be deeply concerned about the latest CBO deficit projections using optimistic assumptions.  President Obama’s proposal in his State of the Union message to cut $400 billion from the federal deficit over the next decade amounts to no more than a rounding error in the massive deficits facing our country.

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News Release: ABA WELCOMES FASB REVERSAL ON FAIR VALUE EXPANSION

News Release: ABA WELCOMES FASB REVERSAL ON FAIR VALUE EXPANSION

January 26, 2011

Mark-to-market accounting — a failed policy that was terminated by the Roosevelt Administration in 1938 because it was inhibiting bank lending — was revived by the Securities and Exchange Commission and the Financial Accounting Standards Board in the 1990s over strong objections from the Fed, FDIC and Treasury.

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Debt Limit Opportunities: Use Debt Ceiling to Force Change

Debt Limit Opportunities: Use Debt Ceiling to Force Change

January 16, 2011

By David Malpass

The article below by David Malpass, former Deputy Assistant Secretary of the Treasury under President Reagan, suggests a way to bring fiscal sanity to the federal government, using an increase to the debt ceiling as leverage to affect permanent fiscal discipline. The article appeared in the Washington Times on January 14, 2011. It is so good I got permission from David to put it on my website.

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Fed Should Stop Buying Bonds; It Is Falling Far Behind the Economy

Fed Should Stop Buying Bonds; It Is Falling Far Behind the Economy

January 6, 2011

By David Malpass

The following is an article by David Malpass of Encima Global urging the Fed to stop buying government bonds.  It is compelling so I asked David for permission to post it on my website.  Malpass is a Former Deputy Assistant Treasury Secretary and writes regularly for Forbes and the Wall Street Journal.

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Back in the Saddle

Back in the Saddle

December 13, 2010

Interview of William Isaac by John R. Engen for Bank Director Magazine

Former FDIC chairman Bill Isaac has taken the reins as the new chairman of Fifth Third Bancorp., the first banking agency head to assume the chairman’s role back on the other side of the fence. Bank Director spoke to him about his career, growing the bank, and why, in his view, Dodd-Frank is an unmitigated disaster.

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