1.

Record Nr.

UNINA9910787361003321

Autore

Bovenzi John F.

Titolo

Inside the FDIC [[e-book] ] : thirty years of bank failures, bailouts, and regulatory battles / / John F. Bovenzi

Pubbl/distr/stampa

Hoboken, New Jersey : , : Wiley, , 2015

©2015

ISBN

1-118-99410-8

1-118-99412-4

Edizione

[1st edition]

Descrizione fisica

1 online resource (235 p.)

Classificazione

BUS004000

Disciplina

368.8/5400973

Soggetti

Deposit insurance - United States

Bank failures - United States

Banks and banking - Government policy - United States

Banks and banking - State supervision - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""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""

Sommario/riassunto

"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"--