Blog | G5 Cyber Security

Regulatory Reform: ‘I Worry that We Won’t Get it Done’ – William Isaac, Former FDIC Chair

Former FDIC Chair William Isaac: “I worry that we won’t get it done at all” He says the banking industry is on the mend after a year of the recession. He says banks are writing off their problem loans and making a fair amount of improvements. But he says he doesn’t think the industry is ready for a repeat of the financial crisis that started in the 1980s and 1990s. Isaac: ‘I don’t have any doubt that we will experience anything in the banking area that is not going to be anywhere near as bad'”]

Source: https://www.cuinfosecurity.com/regulatory-reform-i-worry-that-we-wont-get-done-william-isaac-former-fdic-chair-a-1836

Exit mobile version