Diane Ellis served as Deputy Director, Insurance and Research, at the Federal Deposit Insurance Corp. during the financial crisis of 2007-09. The FDIC played a critical role in stabilizing financial conditions and establishing confidence in the financial markets by guaranteeing newly issued debt on a temporary basis for banks and thrifts as well as financial holding companies and eligible bank affiliates. The agency also fully guaranteed certain non-interest-bearing transaction deposit accounts. Ellis played an important role in implementing the Temporary Liquidity Guarantee Program that proved so critical in stemming the crisis. This “Lessons Learned” is based on a phone interview with Ms. Ellis.
"Lessons Learned: Diane Ellis,"
The Journal of Financial Crises: Vol. 3
Iss. 2, 776-778.
Available at: https://elischolar.library.yale.edu/journal-of-financial-crises/vol3/iss2/33