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Inside the FDIC showcases the chaos surrounding bank failures to provide a firsthand view of the FDIC and other bank regulators. Author John Bovenzi provides an insider's perspective, having 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. 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 dives into the pandemonium surrounding bank failures to: * Chart the FDIC's emergence as a…mehr

Produktbeschreibung
Inside the FDIC showcases the chaos surrounding bank failures to provide a firsthand view of the FDIC and other bank regulators. Author John Bovenzi provides an insider's perspective, having 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. 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 dives into the pandemonium surrounding bank failures to:
* Chart the FDIC's emergence as a major market influence
* Learn how ten chairmen helped shape the US financial regulatory system
* Examine the internal conflicts between the FDIC and other bank regulatory agencies
* Consider the pressures and challenges presented by financial crises

Inside the FDIC chronicles it all, from the perspective of a first hand witness inside the agency responsible for calming the storm.
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.
Autorenporträt
JOHN F. BOVENZI is a Partner at Oliver Wyman, a management consulting firm. He served for more than twenty years in senior-level positions at the FDIC, the last ten as Deputy to the Chairman and Chief Operating Officer.