Carl H. Lindner College of BusinessCarl H. Lindner College of BusinessUniversity of Cincinnati

Carl H. Lindner College of Business

Cincinnati.com: Reform Won't Prevent Next Crisis: 5/3 Chairman

Source:Cincinnati.com
Link Submitted: 9/23/2010 20:40:37

In a September 23, 2010 article, Cincinnati.com reports on former bank regulator and current Fifth Third chairman William Isaac's visit to the University of Cincinnati College of Business. Issac, a former FDIC chairman (1981-1985) shared with UC students, faculty and business community members his prediction that the nation will face another financial crisis in 10 to 15 years. His recently published book, "Senseless Panic: How Washington Failed America," compares the banking and S&L crises of the 1980s to the 2008 financial crisis and recommends sweeping regulatory reforms to prevent future crises.