Inside the FDIC "Thirty Years of Bank Failures, Bailouts, and Regulatory Battles"

Compartir en:

Bovenzi, John F.

(0 Comentarios)
Comenta y valora este libro

pvp.26,95 €

Disponible entre 11 y 20 dias

ISBN:9781118994085
Editorial: Wiley & Sons Ltd.
Fecha de la edición:2015
Encuadernación:
Nº Pág.:224
Idiomas:Ingles

Materias:

/ Banca

Witness how the FDIC manages your money during financialcrises
Inside the FDIC tells the real stories behind bankfailures and financial crises to provide a direct account of theFederal Deposit Insurance Corporation and other bank regulators.Author John Bovenzi served in senior level positions within theFDIC for over twenty years, including a decade as the Deputy to theChairman and Chief Operating Officer. This book describes what hewitnessed as the person in charge of day-to-day operations, as anearly invisible agency grew to become a major, highly independentforce impacting US financial markets.

Readers will learn how the FDIC and other bank regulators usethe power of the federal government, spend other people's money,and approach decision-making.

This book takes readers inside the FDIC to showcase: * The FDIC's emergence as a major market influence * How ten FDIC chairmen helped shape the US financial regulatorysystem * Internal conflicts between the FDIC and other bank regulatoryagencies * Pressures and challenges presented by financial crises

Since the early 1980s, over 3,400 banks have failed. Thesefailures weren't steady, regular, and easily predictable events;periods of tranquility were followed by turmoil, booms led tobusts, and peaceful complacency often turned to sudden devastation.Inside the FDIC chronicles it all, from the perspective of afirst hand witness inside the agency responsible for calming thestorm.

Acknowledgments vii

Introduction ix

Chapter 1: IndyMac 1

Chapter 2: The 1980s: Booms, Busts, and Bailouts 21

Chapter 3: Liquidation 47

Chapter 4: Credit Crunch 63

Chapter 5: Foreclosure Prevention 79

Chapter 6: Is This the Moron Who Closed Meritor? 95

Chapter 7: Transition and the Power of the Federal Government113

Chapter 8: Subprime Behavior 125

Chapter 9: Leadership Matters 141

Chapter 10: Save Money, Live Better 153