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Inside the FDIC
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Table of Contents

Acknowledgments vii

Introduction ix

Chapter 1: IndyMac 1

Chapter 2: The 1980s: Booms, Busts, and Bailouts 21

Chapter 3: Liquidation 47

Chapter 4: Credit Crunch 63

Chapter 5: Foreclosure Prevention 79

Chapter 6: “Is This the Moron Who Closed Meritor?” 95

Chapter 7: Transition and the Power of the Federal Government 113

Chapter 8: Subprime Behavior 125

Chapter 9: Leadership Matters 141

Chapter 10: Save Money, Live Better 153

Chapter 11: Too Big to Fail 169

Chapter 12: “I Thought We Were All in This Together” 187

Chapter 13: Going Forward 201

About the Author 205

Index 207

About the Author

JOHN F. BOVENZI is a Partner at Oliver Wyman, amanagement consulting firm. He served for more than twenty years insenior-level positions at the FDIC, the last ten as Deputy to theChairman and Chief Operating Officer.

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