April 4, 2019 / Source: FDIC

FDIC Podcasts Chronicle Causes, Responses to Financial Crisis

FOR IMMEDIATE RELEASE
April 4, 2019

Media contact:
LaJuan Williams-Young
(202) 898-3876
[email protected]

The FDIC today released a series of podcasts featuring discussions about Crisis and Response: An FDIC History, 2008–2013, the agency's study of the banking and financial crisis. The podcast series gives listeners a unique behind-the-scenes perspective on the crisis, as FDIC officials share their insights into the agency's decision-making strategies and actions.

“The podcasts will allow us to reach an even larger audience, from policymakers and industry representatives to academics and other regulators. We hope that the podcasts encourage thoughtful discussion about the policy measures undertaken during and after the crisis, and that this dialogue will help us better understand the factors that contributed to the crisis and the steps needed to prevent a recurrence,” Chairman Jelena McWilliams said.

The podcast series is organized into seven episodes: an introductory episode that highlights the study's overview and one episode for each of the study's six chapters.

The podcasts and The Crisis and Response study are available on the FDIC's website at https://www.fdic.gov/bank/historical/crisis/index.html. Copies of the study can be ordered from the FDIC Online Catalog.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's banks and savings associations, 5,406 as of December 31, 2018. It promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars—insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-31-2019