Inside the FDIC : thirty years of bank failures, bailouts, and regulatory battles / John F. Bovenzi.

Format:

Book

Author/Creator:

Bovenzi, John F., author.

Language:

English

Subjects (All):

Deposit insurance--United States.

Deposit insurance.

Bank failures--United States.

Bank failures.

Banks and banking--Government policy--United States.

Banks and banking.

Banks and banking--State supervision--United States.

Federal Deposit Insurance Corporation.

Physical Description:

1 online resource (235 p.)

Edition:

1st edition

Other Title:

Inside the Federal Deposit Insurance Corporation

Place of Publication:

Hoboken, New Jersey : Wiley, 2015.

Language Note:

English

System Details:

text file

Summary:

"Banks are held out as symbols of stability, safe places to put your money. Yet since the early 1980's over 3,400 banks have failed, an average of about two a week for a period exceeding thirty years. These bank failures aren't steady, regular, and easily predictable events. Periods of calm and tranquility have been followed by chaos; booms have led to busts, and peaceful complacency often has turned into sudden devastation. This book will provide a different view of the FDIC and other bank regulators. Readers will see: How an agency that had become almost invisible would emerge as a major and highly independent force impacting U.S. financial markets. How nine FDIC Chairmen, each with different strengths and weaknesses, helped shape the FDIC and the U.S. financial regulatory system. How conflicts between the FDIC and other financial regulatory agencies unfolded amid the pressures and challenges associated with bank failures and financial crises. This book dives into the chaos surrounding bank failures to show firsthand what happens to those individuals and businesses caught in the storm"-- Provided by publisher.

Contents:

""Cover""; ""Title Page""; ""Copyright""; ""Contents""; ""Acknowledgments""; ""Introduction""; ""Chapter 1 IndyMac""; ""Chapter 2 The 1980's: 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 12 ""I Thought We Were All in This Together"" """"Chapter 13 Going Forward""; ""Independence""; ""Checks and Balances""; ""A Career Perspective""; ""About the Author""; ""Index" ""Supplemental Images""; ""EULA""

Notes:

Includes bibliographical references.

Includes index.

Description based on print version record.

ISBN:

9781118994108

1118994108

9781118994122

1118994124

OCLC:

890912756