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

Paulson on Paulson

Paulson on Paulson

February 2, 2011

By William Isaac for Forbes

A friend sent me a collage of quotes from former Treasury Secretary Henry Paulson’s memoir of the financial crisis, On the Brink.  The quotes are particularly relevant in view of the Financial Crisis Inquiry Commission’s newly issued report which concludes that the 2008 financial crisis was badly mishandled by the government.

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Isaac: The Great Fiscal Crisis is Obama’s Opportunity

Isaac: The Great Fiscal Crisis is Obama’s Opportunity

December 2, 2010

By William Isaac for CNBC’s Guest Blog

There can be no debate that Federal spending is out of control and is stealing our children’s and grandchildren’s futures. According to the Congressional Budget Office, Federal debt held by the public (which does not include social security obligations) was 35 percent of GDP in 2000, 62 percent in the second quarter of 2010, and is expected to reach 70 percent in 2011. The CBO estimates this could climb to 200 percent by 2040 if we do not act decisively to prevent it.

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McGowan Symposium, Business Leadership and Ethics, National Archives, Washington, DC

McGowan Symposium, Business Leadership and Ethics, National Archives, Washington, DC

November 6, 2010

Address by William M. Isaac

It’s very special to be invited to keynote the Inaugural McGowan Symposium on Business Leadership and Ethics.  William G. McGowan was a remarkable entrepreneur, creating MCI which led to the breakup of AT&T’s monopoly on long distance service.  He was also a devoted philanthropist with particular focus on education.

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Isaac: Geithner’s TARP Myths

Isaac: Geithner’s TARP Myths

October 18, 2010

By William Isaac for CNBC’s blog

Secretary of the Treasury Timothy Geithner attacks in the Washington Post what he considers “myths” about the Troubled Asset Relief Program (TARP). Mr. Geithner’s five myths are that TARP: 1) cost taxpayers hundreds of billions of dollars, 2) benefited Wall Street to the exclusion of Main Street, 3) left our financial system in weakened condition, 4) increased concentration in the financial system, and 5) served as the centerpiece of the Obama Administration’s strategy to control the economy.

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Isaac: The Cost of TARP

Isaac: The Cost of TARP

October 5, 2010

By William Isaac for CNBC

Treasury tells us that the Troubled Asset Relief Program (“TARP”) is going to cost taxpayers “only” $50 billion, down from the previously estimated $105 billion. If the latest estimate is accurate does that mean that the folks who voted for TARP got it right? Read on, and decide for yourself.

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Was TARP Worth It?

Was TARP Worth It?

October 1, 2010

By William Isaac for Forbes’ Blog

The government and AIG announced an agreement to unwind the government’s ownership of AIG acquired under the Troubled Asset Relief Program (TARP). It’s unclear how long the unwinding process will take or how much taxpayers will ultimately lose.

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Confidence Key to Economic Growth

Confidence Key to Economic Growth

September 16, 2010

By William M. Isaac for Forbes’ Blog

A passionate debate rages between “supply-side” economists, who believe the best way to stimulate the economy and create jobs is to lower taxes and reduce federal spending, and “Keynesians,” who believe we should raise taxes and increase federal spending.

I believe a more urgent need in stimulating economic growth is to restore confidence in the future of our nation. 

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The Financial Panic: Never Again

The Financial Panic: Never Again

July 29, 2010

By William Isaac, Published by Forbes

A failure to understand the lessons of previous crises led to economic collapse.

The panic of 2008 absolutely should not have happened. Its seeds were sown by our failure to understand the lessons of the 1980s and our misguided responses to that crisis. The Senseless Panic of 2008 led to a collapse of the economy and caused enormous pain to millions of people. It must never happen again.

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