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Lessons Learned: John Bovenzi

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Abstract

As a deputy to the chairman of the Federal Deposit Insurance Corporation (FDIC) and in his role as chief operating officer of the agency, John Bovenzi provided policy advice and oversaw the agency's operations, including business lines, bank supervision, bank closings, deposit insurance, and administrative affairs. Bovenzi's most notable role during the Global Financial Crisis was manning the helm of mortgage lender IndyMac after the FDIC took it over in July 2008 to position it for a sale. This abstract is based on an interview with Bovenzi conducted on December 2, 2020

Suggested Citation

  • Ward, Sandra, 2022. "Lessons Learned: John Bovenzi," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 4(3), pages 189-191, April.
    • Handle: RePEc:ysm:ypfsfc:v:4:y:2022:i:3:p:189-191
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    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1423&context=journal-of-financial-crises
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    More about this item

    Keywords

    FDIC; bank supervision; bank closings; deposit insurance; war games; crisis preparation; IndyMac; communication;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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