Donna A. Tanoue, the White House's leading candidate for chairman of the Federal Deposit Insurance Corp., knows how to handle a banking crisis.

As commissioner of financial institutions in Hawaii in the mid-1980s, she led the more than $50 million bailout of the islands' industrial loan companies. The crisis was sparked by the 1983 collapse of Manoa Finance Co., which propelled the state's underfunded thrift insurance corporation into insolvency.

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