Bill Isaac, former chair of the FDIC during the Savings & Loan Crisis and bail out critic, has written a new book, Senseless Panic: How Washington Failed America. If you want to read a definitive forensic accounting of the 1980's Savings and Loan crisis, this is the one to get.
The book is loaded with details, from someone who personally was involved in the past financial crisis. In fact Isaac lead the charge to try to stop the TARP bail out. The book is loaded with real world details yet written in a short but sweet, cut to the chase style. Take this examination of Tim Geithner's phone logs as an example, where you too will raise an eyebrow:
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
This week we're focusing in on various economists' interviews on what is going on and what really needs to happen. Included are Bill Moyer's George Soros interview, Roubini, Jim Rogers and Bill Issac.
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