Senseless panic : how Washington failed America /
Isaac, William M.,1943-
Meyer, Philip C.
Hoboken, N.J. : Wiley,
2010.
In this book, William Isaac, who headed the FDIC during the financial crisis of the 1980s, describes what was different about the 2008 crisis that allowed the failure of a comparative handful of institutions to nearly shut down the worldwide financial system.
Includes index.
Home alone -- The early years (1978-81) -- The savings bank and S&L crises -- Penn square fails -- The butcher empire collapses -- Deposit insurance reform/ tackling Wall Street -- Continental Illinois topless -- Preparing to leave -- Lessons learned -- Policy mistakes : 1989 through 2007 -- The subprime mortgage crisis -- SEC and FASB blunders -- Schizophrenic failure resolution -- The $700 billion bailout -- Never again.
In this book, William Isaac, who headed the FDIC during the financial crisis of the 1980s, describes what was different about the 2008 crisis that allowed the failure of a comparative handful of institutions to nearly shut down the worldwide financial system.
Savings and loan association failures
Savings and Loan Bailout, 1989-1995.
Global Financial Crisis, 2008-2009.
Bank failures