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Financial Rescue Plan: ‘Nothing Terribly New’ – Interview with William Isaac, Former Chair, FDIC

William Isaac is the former chairman of the FDIC and current chairman of The Secura Group. Isaac discusses the Treasury’s new plan to rescue the financial system. Isaac: “I don’t see anything that is terribly new. I don’t think that is the way we ought to spend the taxpayers money” Isaac also discusses how and why today’s economic crisis differs from the Great Depression and other historic downturns. Isaac is a founding member of the American Bankers Council and a frequent speaker before banking groups.”]

Source: https://www.bankinfosecurity.com/financial-rescue-plan-nothing-terribly-new-interview-william-isaac-former-a-1222

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