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New Financial Regulation Bill Would Not Have Prevented Crisis, Says Former FDIC Chairman
In this CNBC video, former head of the FDIC William Isaac argues that the new financial regulation bill would not have prevented the current financial crisis, and will not prevent the next crisis. "They didn't do anything to fix the problems that led to the crisis," Isaac says.
In this CNBC video, former head of the FDIC William Isaac argues that the new financial regulation bill would not have prevented the current financial crisis, and it will not prevent the next crisis. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio