William M. Isaac
ChairmanWilliam M. Isaac, a former chairman of the Federal Deposit Insurance Corp. and Fifth Third Bancorp, is chairman of Secura/Isaac Group and Blue SaaS Solutions.
William M. Isaac, a former chairman of the Federal Deposit Insurance Corp. and Fifth Third Bancorp, is chairman of Secura/Isaac Group and Blue SaaS Solutions.
Lawmakers should go further than their recent criticism of the Financial Accounting Standards Board's loan-loss rule and just hand over its duties to the Securities and Exchange Commission.
Banks would have drowned if lawmakers hadn't delayed the new accounting standard during the coronavirus pandemic.
The government should encourage community lenders to offer six-month loan repayment forbearances to struggling businesses before it’s too late.
If the new accounting standard poses too many risks during an economic crisis, then it's probably not a good idea at all.
There are several forbearance measures the agencies can take now to keep banks from failing in a downturn triggered by the coronavirus.
Some legislators and consumer groups want federal regulators to block such alliances. Here’s why that’s a bad idea.
The standards board has been granted vast authority without having to answer to policymakers, and its latest accounting method, CECL, will be a disaster for small banks.
The FDIC should consider limiting its toughest restrictions on brokered deposits to problem banks.
The SEC and FASB control the process now, but Congress should give banking regulators a more central role in overseeing the creation of accounting rules.
As the FDIC considers reforms to its brokered deposit rules, the agency should recall the problems these funds caused in the lead-up to the S&L crisis, argues former Chairman William Isaac.