Book Description

Have you ever wondered what goes on behind the scenes in a bank? This book is about the author's experiences while he worked in several banks. He will also share his experiences working for the FDIC assisting with the closing of failed banks and savings & loans during the banking crisis of the 80's. He tells about embezzlements in the banking industry. He also tells about the important job that the Federal Deposit Insurance Corporation (FDIC) played in the closing of over thirty banks and savings & loans throughout the northwest region. He will describe some of the challenges the FDIC had with the banking industry and share stories of how some of the banks were mismanaged which resulted in failure. Do you know how the financial institutions make money and operate? This book will attempt to explain the inside operations of the banking industry. You will have more of an insight into how and why some of your bankers make the decisions that affect you as a customer. What do you know about the FDIC? This book will clarify the role of the FDIC and the challenges they face supervising the banking industry. Current economic concerns are bringing the banking industry back into the headlines. This book may help you understand some these concerns and how the actions by the Federal Reserve Bank may help in their attempts to work with the industry.