William M. Isaac
I’m very much looking forward to participating in the Melbourne and Sydney conferences on October 11 and 19. It will be my second visit to Australia and the first for my family. We are thrilled to be going to the Great Barrier Reef between my talks.
My remarks will focus on the financial events described in my new book, Senseless Panic: How Washington Failed America. The book’s foreword is by the legendary former Chairman of the Federal Reserve Board, Paul Volcker, and the book has been endorsed by such diverse notables as Steve Forbes, Dr. Arthur Laffer, and political activist Ralph Nader.
The US made serious policy mistakes in the aftermath of the severe banking and S&L crises of the 1980s and those misguided policies led directly to the crisis of 2008-2009. Once the crisis hit in 2008, it was terribly mishandled by the government, creating what I label a “senseless panic” throughout the world.
The recently enacted so-called financial reform legislation in the US does not address the major causes of the crisis and would not have prevented it. Nor will it prevent the next crisis.
I hope we will get some lively dialogue going with members of the audience at the CPA Congress in both Melbourne and Sydney and look forward to signing books after my talks. In the meantime, you might enjoy visiting my website at www.williamisaac.com.
CPA Congress delegates of a one day package or more can view William Isaac’s presentation on CPA Virtual Congress on Monday 18 October at 2.00pm.
