Newly arrived at the FDIC in August 1981 as an economist in the FDIC's Division of Research.

Briefing President Bush on the condition of the bank insurance fund in November 1990. The meeting later turned into a heated debate over whether bank examiners were responsible for the “credit crunch.”

In photo from left clockwise are: myself, FDIC Vice Chairman Andrew C. Hove Jr., President George H. W. Bush, White House Chief of Staff John Sununu, Director of the Office of Management and Budget Richard Darman, Federal Reserve Director of Monetary Affairs Donald Kohn, Federal Reserve Director of Bank Supervision William Taylor, Comptroller of the Currency Robert Clarke, Senior Deputy to the Comptroller of the Currency J. Michael Shepherd, Assistant Secretary of the Treasury Jerome Powell. Also in attendance, but not visible in photo were: Federal Reserve Chairman Alan Greenspan, Secretary of the Treasury Nicholas Brady, Secretary of Commerce Robert Mosbacher, and Treasury official John Dugan.

With City Hall in the foreground, the PSFS Building-now a National Historical Landmark-continues to dominate the Philadelphia skyline. PSFS was America's first savings bank, having been founded in 1816 during the presidency of James Madison. It was closed in December 1992. In 2012, after 20 years of litigation, the FDIC paid $276 million in damages to the bank's shareholders.

Gary Hindes, chairman of the Delaware Bay Company, who opposed the FDIC's seizure of Meritor/PSFS.

“Passport” I received from Knox McConnell, chairman of the First National Bank of Keystone in 1989 when I was appointed as deputy to the chairman. Ten years later, the bank failed due to massive fraud and losses related to subprime mortgages.

FDIC Leadership conference held in 2002. Pictured standing from left to right: FDIC Vice Chairman John Reich, Diane Ellis, Maureen Sweeney, Tom Peddicord, Beth Wilt, Stan Ivie, Sandra Thompson, Glen Bjorklund, and Erica Bovenzi. Rick Aboussie is pictured in the back, with his guitar.

At an FDIC conference with Erica, who was deputy general counsel, and Arleas Upton Kea, the director of administration.

Walmart hearings.

Three days of public hearings were held in April 2006 regarding Walmart's application for a bank charter. Walmart withdrew its application in March of 2007. Seated from left to right is the panel that conducted the hearings: Sandra Thompson, acting director of Bank Supervision and Consumer Protection; myself; and Douglas Jones, acting general counsel.

IndyMac press conference held in the bank's Pasadena, California, boardroom on July 13, 2008.

Bank run that started when the FDIC reopened IndyMac under government control on July 14, 2008.

Talking with IndyMac customers waiting in line.

Testifying before the Committee on Financial Services of the U.S. House of Representatives on January 13, 2009, with Donald Kohn, vice chairman of the Federal Reserve's Board of Governors.