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

Step Aside, Washington — Let Banks Get Back to Business, by William Isaac, published by American Banker on September 07, 2011 in both print and .com editions

Step Aside, Washington — Let Banks Get Back to Business, by William Isaac, published by American Banker on September 07, 2011 in both print and .com editions

September 8, 2011

President Obama should acknowledge that something is seriously wrong with the government’s response to the financial crisis of 2008 and chart a new course. The wisdom in comic strip legend Pogo’s famous remark comes to mind, “We have met the enemy and he is us.”

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Address by William M. Isaac Bryan Area Foundation Bryan, Ohio June 24, 2011

Address by William M. Isaac Bryan Area Foundation Bryan, Ohio June 24, 2011

June 27, 2011

I can’t tell you how pleased I am to return to my hometown to help raise funds for the Bryan Area Foundation, which does so much good for the community.  The organizers of this event, including my high school class mate Julie Brown, and Mitchell Owens and Dean Spangler have done a fabulous job.  Thanks to them and the many sponsors of this event, we have already raised more than $80,000 to benefit the Foundation and the community.  Please give all of them a good round of applause.  I would add that all proceeds from sales of my book, Senseless Panic: How Washington Failed America, will go to the Foundation.

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Community Bank Stress Test By William M. Isaac & Robert H. Smith Published in the American Banker on June 15, 2011

Community Bank Stress Test By William M. Isaac & Robert H. Smith Published in the American Banker on June 15, 2011

June 15, 2011

Thousands of community banks already have a full plate of concerns maintaining capital levels, working troubled loans, making money and dealing with aggressive regulatory scrutiny. Now they can expect another major burden.

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Mark to Market Revisited
(A Picture is Worth a Thousand Words)

Mark to Market Revisited
(A Picture is Worth a Thousand Words)

June 8, 2011

I have long opposed mark to market accounting, which requires that financial institutions mark their financial assets to market prices even when market prices bear no relationship to the true economic value of those assets based on cash flows. Mark to market accounting was put into place by the Securities and Exchange Commission and the Financial Standards Accounting Board beginning in the early 1990s over strenuous objections from the Treasury, the Federal Reserve and the FDIC.

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The Future Of Community Banking By William M. Isaac & Robert H. Smith Published in the American Banker on June 8, 2011

The Future Of Community Banking By William M. Isaac & Robert H. Smith Published in the American Banker on June 8, 2011

June 8, 2011

Federal Reserve Chairman Bernanke noted in a recent speech, “Community bankers live and work where they do business, and their institutions have deep roots, sometimes established over several generations.  They know their customers and the local economy.  Relationship banking is therefore at the core of community banking.”

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Isaac Keynotes Directors Roundtable Forum at Harvard Club in NYC

Isaac Keynotes Directors Roundtable Forum at Harvard Club in NYC

June 1, 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
DIRECTORS ROUNDTABLE INSTITUTE
THE HARVARD CLUB
CHALLENGES FACING DIRECTORS


June 1, 2011
New York, New York


It’s a pleasure to participate in this important and timely event focused on the challenges facing directors in the wake of the financial crisis and the Dodd-Frank financial reform law.  I thank the Directors Roundtable for putting together a wonderful panel of speakers and inviting me to kick off the meeting.

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Bad Mix: Politics and Crisis Prevention Published in the American Banker on May 27, 2011

Bad Mix: Politics and Crisis Prevention Published in the American Banker on May 27, 2011

May 27, 2011

Washington failed us in four major ways with respect to the financial crisis of 2008-2009.  First, the wrong lessons were drawn from the banking and S&L crises of the 1980s.  Second, government fiscal policies were irresponsible and monetary policies too accommodative over the past decade.  Third, the government collectively turned a blind eye toward excessive risk taking during the fifteen year period between the two crises.  Fourth, the government seriously mishandled the latest crisis, which led to a worldwide panic.

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Bill Isaac Keynotes the FDIC’s and PRMIA’s Global Risk Conference in DC.

Bill Isaac Keynotes the FDIC’s and PRMIA’s Global Risk Conference in DC.

May 9, 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
GLOBAL FINANCIAL SERVICES
RISK MANAGEMENT SYMPOSIUM
SPONSORED BY
FDIC CORPORATE UNIVERSITY
AND
PROFESSIONAL RISK MANAGERS
INTERNATIONAL ASSOCIATION

May 9, 2011
Washington, DC

It’s a pleasure to keynote this Global Risk Management Symposium hosted by the FDIC Corporate University and PRMIA and to be in the company of such a distinguished audience and panel of speakers.

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GOVERNANCE CENTRAL TO SUCCESS By William M. Isaac* Published in the American Banker on April 21, 2010

GOVERNANCE CENTRAL TO SUCCESS By William M. Isaac* Published in the American Banker on April 21, 2010

April 22, 2011

I’ve seen up close hundreds if not thousands of troubled financial institutions over the years and have drawn some conclusions about governance that I would like to share:

➢ Banks don’t make bad decisions, people do. A bank, like any corporation, is a legal fiction. Prior to my time as Chairman of the FDIC, regulators took enforcement actions against banks but rarely against the people running them. That dynamic has changed, and many regulatory orders contain requirements for independent reviews of the board and management. Moreover, directors and officers face personal exposure to liability and need to take their jobs very seriously.

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