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

Bank of America is Good for America

Bank of America is Good for America

September 30, 2009

By William Isaac, Published by American Banker

It is legitimate to debate whether B of A did its shareholders any favors by agreeing to purchase Countrywide Bank in January of 2008 to become the nation’s largest mortgage lender. What cannot be debated is that B of A’s purchase of Countrywide in the middle of a collapse in the housing market was very good for the nation.

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Basel Committee Gets It Right

Basel Committee Gets It Right

September 8, 2009

By William Isaac, Published by Central Banking

The Basel Committee on Bank Supervision has issued guidelines to assist the International Accounting Standards Board in addressing mark-to-market accounting, loan loss provisioning, and related disclosures. The principles are in response to recommendations made by the G20 leaders at their April 2009 summit to strengthen financial supervision and regulators.

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Do Not Rush Reforms

Do Not Rush Reforms

June 30, 2009

By William Isaac, Published by American Banker

The Obama administration, in unveiling its financial regulatory reform proposals, identified three factors contributing to the financial crisis: illdefined regulatory responsibility for systemic risks, inadequate supervision of large institutions, and inadequate consumer protection.

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How to Regulate Sytematic Risk

How to Regulate Sytematic Risk

June 8, 2009

By William Isaac, Published by American Banker

It is widely believed that the U.S. financial system needs a “systemic risk” regulator to help prevent future financial crises. The debate is centered not on whether we should have such a regulator but which agency should be anointed and what powers it should have.

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Public Stress Test Causes Stress

Public Stress Test Causes Stress

May 6, 2009

By William Isaac, Published by American Banker

The government’s program to conduct stress tests on the 19 largest banks has led to endless media hype and considerable stress for banks. Professional bank regulators and bank executives have been stupefied about the program since it was announced by Treasury in February.

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Trillions later, and it still isn’t working

Trillions later, and it still isn’t working

March 2, 2009

By William Isaac, Published by Investment Dealer’s Digest Magazine

Congress was badly divided last September on the Treasury bailout plan to purchase $700 billion in troubled assets from banks, and rightly so. Some six months and trillions of dollars later, our attempts to stabilize the financial system and stimulate the economy have borne little fruit. It’s time to consider alternatives to spending more trillions we don’t have.

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