Document Type
Lessons Learned
JEL Codes
G01, G28
Abstract
A finance specialist and longtime Federal Deposit Insurance Corporation (FDIC) executive, James Wigand served as Deputy Director, Franchise and Asset Marketing, at the FDIC from 1997 to 2010, a period encompassing the global financial crisis of 2007-09. Wigand oversaw the resolution of all insured-depository institutions during the crisis, arranging acquisitions of troubled banks or liquidating them. He also acted as liaison between the chairman and board of directors of the FDIC. In 2010, in the aftermath of the crisis, Wigand was named director of the newly created Office of Complex Financial Institutions at the FDIC, an office formed under the Dodd-Frank Act, and also served as senior advisor to the agency’s chairman. This Lessons Learned is based on an interview with Wigand.
Recommended Citation
Ward, Sandra
(2021)
"Lessons Learned: James Wigand,"
Journal of Financial Crises: Vol. 3
:
Iss. 2, 784-786.
Available at:
https://elischolar.library.yale.edu/journal-of-financial-crises/vol3/iss2/36
Date Revised
2021-06-30
Included in
Economic History Commons, Economic Policy Commons, Finance Commons, Macroeconomics Commons, Public Administration Commons