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FDIC Chairman Sheila Bair went on YouTube and posted this video on the FDIC site discussing the health of the agency and the banking system. The video is posted below.
Sheila Bair, the Chairwoman of the FDIC has presided over an agency that has gone from passive to leading the charge in the banking crisis. This detailed Bloomberg article details her concerns...
FDIC Chairwoman Sheila Bair was on CNBC tonight answering questions from Erin Burnet, crazy Jim Cramer, and an audio in a town hall style meeting. Here's what she had to say.
The FDIC Chief is obviously in a rift with Bernanke and Paulson, indicating that she is frustrated that the rescue isn't helping homeowners, and is just focused on the institutional level.
The collapse of Bear Stearns and its public bailout are going to bring change to the brokererage/investment banking industry. The biggest change, more regulation, which may benefit ordinary...