Background
Isaac, William Michael was born on December 21, 1943 in Bryan, Ohio, United States. Son of Charles R. and Ruth L. (Hallberg) Isaac.
(The truth about the 2008 economic crisis from a Washingto...)
The truth about the 2008 economic crisis from a Washington insider The 1980s opened with the prime interest rate at an astonishing 21.5 percent, leading to a severe recession with unemployment reaching nearly 11 percent. Depression-like conditions befell the country, the entire thrift industry was badly insolvent and the major money center banks were loaded with third world debt. Some 3,000 bank and thrifts failed, including nine of Texas ten largest, and Continental Illinois, which, at the time, was the seventh largest bank in the nation. These severe conditions were not only handled without creating a panic, the economy actually embarked on the longest peacetime expansion in history. In Senseless Panic: How Washington Failed America, William M. Isaac, Chairman of the Federal Deposit Insurance Corporation (FDIC) during the banking and S&L crises of the 1980s, details what was different about 2008 s meltdown that allowed the failure of a comparative handful of institutions to nearly shut down the world s financial system. The book also tells the rousing story of Isaac s time at the FDIC. * Details the mistakes that led to the panic of 2008 and 2009 * An updated paperback revision of the bestselling book on the 2008 economic crisis, including a fascinating new Epilogue * Demystifies the conditions America faced in 2008 * Provides a road map for avoiding similar shutdowns and panics in the future * Includes a foreword by Federal Reserve Chairman Paul Volcker Senseless Panic is a provocative, quick-paced, and thoughtful analysis of what went wrong with the nation's banking system, a blunt indictment of United States policy, and a road map for making sure it doesn t happen again.
http://www.amazon.com/gp/product/1118431987/?tag=2022091-20
government official investment firm executive
Isaac, William Michael was born on December 21, 1943 in Bryan, Ohio, United States. Son of Charles R. and Ruth L. (Hallberg) Isaac.
Bachelor of Science, Miami University Oxford, Ohio, 1966. Doctor of Laws (honorary), Miami University Oxford, Ohio, 1984. Juris Doctor summa cum laude, Ohio State University, 1969.
Attorney Foley & Lardner, Milwaukee, 1969-1974. Vice president, general counsel, secretary First Kentucky National Corporation, Louisville, 1974-1978. Chairman Federal Deposit Insurance Corporation, Washington, 1978-1985.
Partner Arnold & Porter LLP, 1985-1993. Chairman The Secura Group, 1985—2007, Secura Burnett Company LLC, San Francisco, 1992—2007. Member Depository Institutions Deregulation Committee, 1981-1985, Bush Task Group, 1982-1985.
Chairman Federal Finance Institutions Examination Council, 1983-1985, Isaac Property Companies, since 1992, LECG Global Financial Services, since 2007, The Secura Group of LEGC, LLC, since 2007, Fifth Third bank corporation, since 2010. Board directors Fifth Third bank corporation, since 2010.
(The truth about the 2008 economic crisis from a Washingto...)
Member national council College Law, Ohio State University, Columbus, since 1980. Member business advisory council Miami University, Oxford, Ohio, since 1982. Trustee Miami University Foundation, 1988-1996.
Board directors Ohio State University Foundation, The Community Foundation of Sarasato County. Chairman-elect Goodwill Indiana. Chairman Isaac Properties Group.
Member American Bar Association, Wisconsin Bar Association, Kentucky Bar Association, Federal National Mortgage Association (advisory board 1989-1990).
Married Carma Sue Dunbar, August 15, 1965 (divorced 1993). Married Christine Verney, November 16, 1997. Children: David M., Stephanie A., Lennon G., Quinn V.