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Lessons Learned: Arthur Murton

Sandra Ward ()
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Sandra Ward: YPFS, Yale School of Management, https://elischolar.library.yale.edu/journal-of-financial-crises/

Journal of Financial Crises, 2021, vol. 3, issue 2, 782-783

Abstract: Arthur Murton joined the Federal Deposit Insurance Corp. in 1986 as a financial economist and rose through the ranks to become Director of the Division of Insurance and Research, a post he held from 1995 to 2013 and which he steered through the financial crisis of 2007-09. Murton participated in the important interagency discussions held on Columbus Day weekend in 2008 that led to the establishment of breakthrough programs that proved critical in stabilizing financial markets. This "Lessons Learned" summary is based on an interview with Mr. Murton about his crisis experience.

Keywords: SIFIs; systemically important financial institutions; FDIC; debt guarantee programs; Single Resolution Board (search for similar items in EconPapers)
JEL-codes: G01 G28 (search for similar items in EconPapers)
Date: 2021
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