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

Witness how the FDIC manages your money during financial crises Inside the FDIC tells the real stories behind bank failures and financial crises to provide a direct account of the Federal Deposit Insurance Corporation and other bank regulators. Author John Bovenzi served in senior level positions within the FDIC for over twenty years, including a decade as the Deputy to the Chairman and Chief Operating Officer. This book describes what he witnessed as the person in charge of day–to–day operations, as a nearly invisible agency grew to become a major, highly independent force impacting US financial markets. Readers will learn how the FDIC and other bank regulators use the 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 regulatory system Internal conflicts between the FDIC and other bank regulatory agencies Pressures and challenges presented by financial crises Since the early 1980s, over 3,400 banks have failed. These failures weren?t steady, regular, and easily predictable events; periods of tranquility were followed by turmoil, booms led to busts, and peaceful complacency often turned to sudden devastation. Inside the FDIC chronicles it all, from the perspective of a first hand witness inside the agency responsible for calming the storm. INDICE: Introduction Chapter 1 IndyMac Chapter 2 The 1980s: Booms, Busts and Bailouts Chapter 3 Liquidation Chapter 4 Credit Crunch Chapter 5 Foreclosure Prevention Chapter 6 “Is This the Moron Who Closed Meritor?” Chapter 7 Transition and the Power of the Federal Government Chapter 8 Subprime Behavior Chapter 9 Leadership Matters Chapter 10 Save Money, Live Better Chapter 11 Too Big To Fail Chapter 12 “I Thought We Were All in this Together” Chapter 13 Going Forward About the Author Index

• ISBN: 978-1-118-99408-5
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 240
• Fecha Publicación: 25/02/2015
• Nº Volúmenes: 1
• Idioma: Inglés