Richard Vague is Acting Secretary of Banking and Securities for the Commonwealth of Pennsylvania. Previously, he was co-founder, Chairman and CEO of Energy Plus, an electricity and natural gas supply company operating in states throughout the U.S. that was sold to NRG Energy in 2011. Vague was also co-founder and CEO of two credit card companies – First USA, which grew to be the largest Visa issuer in the industry and and Juniper Financial, the fastest growing credit card in its era. Richard currently serves on the University of Pennsylvania Board of Trustees and the Penn Medicine Board of Trustees. He is chair of FringeArts Philadelphia, chair of the University of Pennsylvania Press, and chair of the Innovation Advisory Board of the Abramson Cancer Center. He also serves on the Governing Board of the Institute for New Economic Thinking. Richard is also the founder of the email newsletter service Delanceyplace.com, which focuses on non-fiction literature. He is the author of A Brief History of Doom, a chronicle of 6 major world financial crises, and The Next Economic Disaster, a book with a new approach for predicting and preventing financial crises.