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

Europe Follows Misguided U.S. Policy

Europe Follows Misguided U.S. Policy

July 28, 2010

By William Isaac, Published by Forbes

The stress tests conducted in 2009 were a disaster.

Most of the reporting on the recent European bank stress tests accepts at face value assertions by U.S. political leaders that the stress tests conducted in the U.S. in 2009 were a rousing success in stabilizing the financial system. It seems that if you have a big enough megaphone and you repeat something often enough, it becomes conventional wisdom.

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Too Big To Trust

Too Big To Trust

July 21, 2010

By William Isaac, Published by Forbes

Repairing the economy is hard enough; restoring trust in government is even harder.

“Trust”–confidence in the honesty, reliability and fairness of people and things–is essential to democracy, a free market economy and the financial system.

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Isaac: Financial Reform Bill is Weak and Ineffective

Isaac: Financial Reform Bill is Weak and Ineffective

June 29, 2010

By William Isaac, Published by CNBC

Congressional leaders and the Obama Administration are congratulating themselves on the about-to-be passed financial reform legislation. They claim the legislation will end “too big to fail” and will prevent future financial crises.

Let’s examine these claims, beginning with too big to fail.

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A Market Plan To End Too Big To Fail

A Market Plan To End Too Big To Fail

May 6, 2010

By William M. Isaac and Cornelius Hurley, Published by Forbes

The severe public backlash against the serial taxpayer bailouts of financial behemoths under the ill-conceived TARP legislation, coupled with a potentially momentous congressional election this fall, has politicians falling all over each other in their zeal to be seen as slaying the “too big to fail” (TBTF) beast “once and for all.”

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Obama Batting One for Two on Recent Proposals

Obama Batting One for Two on Recent Proposals

February 1, 2010

By William Isaac, Published by Industry Today

The Obama Administration has offered two major proposals in the past three weeks directed at the banking industry: 1) a partial restoration of the Glass-Steagall Act, which separated commercial banking from investment banking, and 2) a $100 billion tax on the largest banks in order to recover the money lost under the Troubled Asset Relief Program (TARP).

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Was TARP Worth It?

Was TARP Worth It?

December 15, 2009

By William Isaac, Published by CNBC

Treasury Secretary Tim Geithner’s decision to extend the TARP (as in Toxic Asset Relief Program) for another year triggered a fresh debate about whether TARP did any good. The conventional wisdom currently is that the TARP calmed the 2008 financial crisis.

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Dodd Plan’s Flawed But A Good Start

Dodd Plan’s Flawed But A Good Start

November 18, 2009

By William Isaac, Published by American Banker

The centerpiece of Senate Banking Committee Chairman Chris Dodd’s financial reform proposal is a new Financial Institutions Regulatory Administration (FIRA) to regulate all banks and thrifts and their holding companies. While there are critical flaws in Senator Dodd’s FIRA proposal, it has promise.

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