Though the 2008 financial crisis was debilitating, the Federal Reserve and the federal government have yet to implement policies that would prevent a repeat of the Great Recession. The middle class continues to shrink, escalations in racial injustices prevail, and distrust of the government grows by the day. With the country's current fiscal policies, our economy is in a fragile place, barely strong enough to survive a shock by an international conflict, a cyberattack, or a global pandemic.
Written by the former CEO of Washington Mutual Bank and the former vice chair of the Federal Home Loan Bank, Nothing to Big to Fail holds a microscope to the very policies and corruption that led to the 2008 crisis. Authors Kerry and Linda Killinger warn that, without significant change, the Federal Reserve and government policies have created asset and debt bubbles that could burst at any time.
No institution, government, or country is too big to fail. But by learning from the past mistakes and actions, we can repair our country's economic system, and in turn, our democracy, to one that is more secure.
All proceeds of the book will be donated to charity to aid in social justice, government reform, civil discourse, and community building,
2021 Axiom Business Book Bronze Award for Business Commentary
2022 Nautilus Book Silver Award for Journalism and Investigative Reporting
2022 IPPY Gold Medal for Finance/Investments/Economics
2022 Indie Award for Finance and Economics
"Ten (All-Time) Wall Street Books About the High Stakes World of Finance", The Archive
"Ten (All-Time) Books on Capitalism to Help You Understand the World", Early Bird Books"
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Award-winning author, Kerry Killinger, was the chairman, president, and CEO of Washington Mutual Bank, the sixth largest depository bank in the country prior to the financial crisis of 2008. He graduated with a BBA with honors and an MBA from the University of Iowa, is a chartered financial analyst (CFA), and a fellow in the Life Management Institute. He was the chair of the National Education Summit of Achieve, American Banker's Banker of the Year, and received President George H.W. Bush's Points of Light Award for his philanthropy. He was the vice chair and chair-elect of the Federal Reserve's Thrift Advisory Council, vice chair and chair-elect for the Financial Services Roundtable, vice chair of the Federal Home Loan Bank of Seattle, and elected to the American Society of Corporate Executives.
Award-winning author, Linda Killinger, was the vice chair of the Federal Home Loan Bank of Des Moines and chair of its audit/finance committee. She was a consulting partner in an international accounting firm specializing in strategic planning and merger/acquisitions for financial institutions, and publisher of Overseas Business magazine. She was appointed by Governor Tom Vilsack to chair his Committee for a Comprehensive Housing Strategy for Iowa. She has a bachelor of science degree from Iowa State University, an MBA for Drake University and Kellogg School of Management.
