“ Bill Isaac throws down the gauntlet to Bush, Paulson, Obama and Geithner... their fixes and bailouts, he argues persuasively, were wrongheaded and very expensive. ” - Ralph Nader
Political activist and four-time candidate for President of the United States
“ Bill Isaac is absolutely on target in his acute analysis of what he rightly calls the 'Senseless Panic.' If Washington politicians ignore Isaac's insights, we will pay a fearful price. ” - Steve Forbes
Chief Executive Officer, Forbes, Inc.
“ I would respectfully urge President Obama: Read this book... Spend time debriefing this real-world financial expert... Nothing speaks louder than success. ” - Rep. Marcy Kaptur
“ Bill Isaac has dedicated his life to the public policy arena. He thinks straight, and he talks straight. Washington must read Senseless Panic to learn the lessons of the past and set the course for the future. ” - Lawrence Kudlow
Host of CNBC's The Kudlow Report
“ If our national leaders had listened to Bill Isaac over the past two decades, particularly when the crisis hit in 2008, we would have avoided the enormously costly financial meltdown. This book is must reading for students of financial history. ” - Dr. Arthur Laffer
Founder and Chairman of Laffer Associates
“ Bill delivered a forceful case that still counters the myth that Washington had only one viable option to address the financial crisis. Bill's book is must reading for all who care about financial and economic reform. ” - Rep. Darrell Issa
Access additional press coverage of Senseless Panic by clicking on “Learn More About William Isaac“ above.
Bill Isaac is recognized worldwide as a preeminent authority on bank regulation.
Newly appointed to the FDIC board Bill Isaac is greeted by President Carter in the White House
From right to left, Bill Isaac, Vice President Bush, Treasury Secretary Don Regan, Ed Callahan (regulator of the credit unions) and Dr. Martin Feldstein (Chairman of the Council of Economic Advisors) meet in the Roosevelt Room in the White House in 1983
Fed Chairman Paul Volcker and Bill Isaac share a laugh at Bill's farewell party in the FDIC's dining room.
Vice President Bush and Bill Isaac say their “goodbyes” in the Vice President's office shortly before Bill departs from the FDIC.
President Reagan and Bill Isaac meet in the Oval Office in 1985 just before Bill leaves the FDIC. President Reagan offers his thanks for a job well done.
“Senseless Panic” is a clarion call to action by Congress, by the regulatory agencies, by accounting standards setters, by rating agencies, and by banks themselves... there can be no question that [Bill Isaac's] sense of urgency is justified and his proposed policies need a thoughtful response.
Paul A. Volcker
- Former Chairman of the Federal Reserve and Chairman of President Obama's Economic Recovery Advisory Board
“One of the most important books to have appeared on the crisis. It is gripping, passionate and convincing.”
- Robert Pringle
Founder and Chairman of Central Banking publications, former Editor of The Banker magazine and former Executive Director of the Group of Thirty