WILLIAM ISAAC’S PUBLISHED WORK

Bill Isaac has authored hundreds of articles in top publications and has frequently testified before Congress.

RECENT PUBLISHED WORK

columns from William Isaac in top financial publications

Fannie and Freddie must go – here’s how by William M. Isaac and Richard M. Kovacevich @CNNMoney, December 20, 2011

Fannie and Freddie must go – here’s how by William M. Isaac and Richard M. Kovacevich @CNNMoney, December 20, 2011

December 23, 2011

Richard M. Kovacevich is the retired Chairman & CEO of Wells Fargo. William M. Isaac is Global Head of Financial Institutions at FTI Consulting and former Chairman of the FDIC. The views expressed are their own.

The recession of 2008, precipitated by the collapse of the subprime mortgage bubble, may be officially over, but economic growth remains anemic and is producing virtually no job growth. We must stimulate the moribund housing markets. Yet in the past three years, there has been no progress on the housing front, and Washington policymakers seem bereft of ideas for turning things around.

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Difficult times require a strong leader by William M. Issac, December 18, 2011

Difficult times require a strong leader by William M. Issac, December 18, 2011

December 19, 2011

The 2012 election is the most important since 1980 – arguably, more important.  A massive debt burden threatens the America we love and the future we leave to our children and grandchildren.

Admiral Michael Mullen, former Chairman of the Joint Chiefs of Staff, declares the burgeoning national debt is the number one threat to our nation’s security.  If it’s not brought under control very soon, our nation will not have the financial wherewithal to defend itself.

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Financial Reform Speech M&A Advisors Annual Conferance at the New York City Athletic Club NYC, December 13, 2011

Financial Reform Speech M&A Advisors Annual Conferance at the New York City Athletic Club NYC, December 13, 2011

December 13, 2011

REMARKS BY
WILLIAM M. ISAAC

Global Head of Financial Institutions
FTI Consulting
Chairman Fifth Third Bancorp
Former Chairman
Federal Deposit Insurance Corporation

BEFORE THE
M&A ADVISORS ANNUAL CONFERENCE
AT THE
NEW YORK CITY ATHLETIC CLUB

FINANCIAL REFORM
IN THE AGE OF FINANCIAL CRISES

December 13, 2011
New York, New York

I am delighted to participate in this forum today, particularly alongside my friend Rodgin Cohen.  Rodge and I met nearly 30 years ago when he was a young and very smart lawyer with Sullivan & Cromwell and I was a very young Chairman of the FDIC.  I was trying to figure out how to deal with a teetering Continental Illinois, the seventh largest bank in the U.S., and Rodgin was involved on behalf of the bank.  I admired him greatly for his energy and creativity during that period, and my regard for him has only grown in the years since.

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The Fed Has Exhausted Its Ammo for Helping Small Business by William M. Isaac and William Dunkelberg, published by American Banker on December 9, 2011 in both print and .com editions

The Fed Has Exhausted Its Ammo for Helping Small Business by William M. Isaac and William Dunkelberg, published by American Banker on December 9, 2011 in both print and .com editions

December 13, 2011

Lars Svensson, deputy governor of Sweden’s central bank recently urged the Federal Reserve to find ways to push borrowing costs lower — this even though we already have the lowest nominal interest rates in modern history.

Really?! Would lowering mortgage rates another 20 basis points suddenly trigger more demand for mortgages to buy a house? Get small business owners to rush out and buy equipment or expand their businesses?

Link to full article here

Regulators are failing at regulating, by Richard Kovacevich and William Isaac, The Asian Banker Main Page, December 5, 2011

Regulators are failing at regulating, by Richard Kovacevich and William Isaac, The Asian Banker Main Page, December 5, 2011

December 8, 2011

Dick Kovacevich, former chairman and CEO of Wells Fargo, and Bill Isaac, former chairman of the FDIC and global head of financial institutions for FTI Consulting, feel that regulatory supervision has been politicized.

Date: December 05, 2011
Author: Richard Kovacevich and William Isaac
Categories: Regulation, Risk and Regulation
Keywords: Wells Fargo, FTI Consulting, Regulatory Supervision, Dodd Frank, MF Global

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Senseless Panic Published in China

Senseless Panic Published in China

December 1, 2011

Bill Isaac’s acclaimed book, Senseless Panic: How Washington Failed America (with foreword by Paul Volcker) – about how government’s mishandling of the crisis of 2008-2009 created a worldwide financial panic, the economic effects of which are still being felt today – has been published in China by the China Financial Publishing House. China Financial Publishing House is an exclusive professional financial publishing house affiliated with China’s central bank, the People’s Bank of China.

Isaac, Chairman of the Federal Deposit Insurance Corporation during the banking crisis of the 1980s, is Senior Managing Director & Global Head of Financial Institutions for FTI Consulting and is Chairman of Fifth Third Bancorp. He fought against the TARP program and believes it did far more harm than good. He is an outspoken critic of the Dodd Frank financial reform law, believing it represents a lost opportunity to make the real reforms needed to insure that the U.S. financial system will never again go through a period like 2008-2009. Senseless Panic provides a road map for common sense reforms.

Bill Isaac and retired CEO of Wells Fargo & Co. co-wrote this commentary published in The Washinton Times on October 14, 2011.

Bill Isaac and retired CEO of Wells Fargo & Co. co-wrote this commentary published in The Washinton Times on October 14, 2011.

October 14, 2011

President Obama recently challenged House Majority Leader Eric Cantor, Virginia Republican, to explain what he didn’t like in the president’s jobs bill. Mr. Obama didn’t ask our opinion, but we’ll give it anyway: The bill wouldn’t have turned around the economy, and it wouldn’t have created meaningful jobs.

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Jobs Vs. Political Theater, by William Isaac, published by Forbes on September 25, 2011

Jobs Vs. Political Theater, by William Isaac, published by Forbes on September 25, 2011

September 25, 2011

I recently authored an article, “B of A Learns No Good Deed Goes Unpunished” (American Banker,September 23, 2011).  The article observed that Bank of America faces major government-imposed headwinds as it struggles to deal with the aftermath of the collapse of the mortgage markets.

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B of A Learns No Good Deed Goes Unpunished, by William Isaac, published by American Banker on September 21, 2011 in both print and .com editions

B of A Learns No Good Deed Goes Unpunished, by William Isaac, published by American Banker on September 21, 2011 in both print and .com editions

September 23, 2011

At year end 2010 Bank of America had $2.3 trillion in assets, $230 billion of capital, 57 million customers, ranked among the top firms in nearly every major growth market in the U.S., employed 288,000 people, made $150 billion of community development loans a year, donated $200 million to charity annually, and was one of the largest home lenders in the nation.

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