Too Interconnected to Fail

This episode tells the story of Penn Square National Bank through the eyes of Lesylee Sullivan Hodge, who worked at the bank for a brief time before beginning a long career with the FDIC. What began as a small Oklahoma City bank became a symbol of how quickly a financial institution can go rogue wh…

In September 2008, as the collapse of Lehman Brothers shook confidence across the global financial system, Washington Mutual became the largest bank failure in U.S. history. In this episode, former FDIC Director of Resolutions and Receiverships Jim Wigand joins John Bovenzi and Tom Vice to provide …

In Episode 3 of Banking Bad, our guest is Eric Spitler, a law professor at the University of North Carolina and former Director of Legislative Affairs at the FDIC and the SEC, for a timely discussion about one of the oldest threats in banking: the bank run.  From Continental Illinois to Washington …

Banking Bad examines past financial crises from the perspective of people directly responsible for steering the system through financial calamity. It tells the story of the real time, high-pressure decisions made to deal with bank failures, contagion events, financial rescues and the human decision…