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Publications & Presentations
Federal Credit Programs
Technical Advice
Thomas Stanton has advised managers of numerous federal credit programs about the design and management of direct federal loans and loan guarantees. He has provided technical support to many offices and agencies, including the Treasury Department (Financial Management Service), Office of Management and Budget, General Accounting Office (now the Government Accountability Office), Department of Housing and Urban Development (Federal Housing Administration and Ginnie Mae), Department of Education, Small Business Administration, and the Agency for International Development.
Teaching
For many years, Tom has taught a course on government and the credit markets at the Center for the Study of American Government at Johns Hopkins University. In 2008, the course, “Government and the Credit Markets: Problems and Solutions,” addressed the credit debacle.
Publications
Tom’s publications in this area include the following:
Managing Information and Risk: Promising Practices of Federal Financial Programs, Conference Report, Deloitte, April 2006
Federal Credit Programs: Managing Risk in the Information Age, IBM Center for the Business of Government, April 2005
“Lessons Learned: Obtaining Value From Federal Asset Sales,” Public Budgeting & Finance, Spring 2003
“Loans and Loan Guarantees,” Chapter 12 in Lester M. Salamon, Editor, Tools of Government: A Guide to the New Governance, Oxford University Press, 2002
“Opportunities for Reducing Delinquencies and Defaults in Federal Mortgage Credit Programs: A Review of New Technologies and Promising Practices,” Journal of Public Budgeting, Accounting & Financial Management, summer 2001
Credit Scoring and Loan Scoring: Tools for Improved Management of Federal Credit Programs, PwC Endowment for the Business of Government, July 1999
"Managing Federal Credit Programs in the Information Age: Opportunities and Risks," The Financier: Analyses of Capital and Money Market Transactions, Summer/Autumn, 1998
"Using Loan Asset Sales to Improve the Management of Federal Credit Portfolios," The Financier: Analyses of Capital and Money Market Transactions, spring 1998
"Improving the Design and Administration of Federal Credit Programs," The Financier: Analyses of Capital and Money Market Transactions, May 1996
"Federal Credit Programs: The Economic Consequences of Institutional Choices," The Financier: Analyses of Capital and Money Market Transactions, February 1994
"The Challenge of Managing Federal Credit Programs," Government Executive, November 1991
Elliot Richardson Lecture: “The Importance of Legitimacy in the Government’s Response to the Financial Crisis,” American Society for Public Administration and National Academy of Public Administration, March 2009
“Strengthening Government’s Ability to Deal with the Financial Crisis,”
IBM Center for the Business of Government, 2009