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Sheila Bair

Sheila Bair: Big Banks 'Too Big To Manage'

The Huffington Post | Bonnie Kavoussi | Posted 05.14.2012 | Business

JPMorgan's $2 billion trading loss is proof that the big banks need to be broken up, former financial regulator Sheila Bair said on CNN on Monday. ...

Report: Fed Ignored Warnings During Critical Period

Posted 03.02.2012 | Business

By Jesse Eisinger, ProPublica In early November 2010, as the Federal Reserve began to weigh whether the nation's biggest financial firms were healthy...

Sheila Bair: Shareholders Should Demand That Big Banks Break Up

Fortune | Sheila Bair | Posted 01.18.2012 | Business

America is downsizing. Whether it's the food we eat, the cars we drive, or the houses we live in, Americans are concluding that smaller is better. Eve...

Former Regulator May Be Tapped To Monitor Foreclosure Settlement

The Huffington Post | Jillian Berman | Posted 12.12.2011 | Business

An outspoken critic of big banks and their mortgage practices leading up to the financial crisis may be tasked with making sure they comply with a lon...

Occupy Wall Street Protestors 'Get A Life' -- Elect A President!

Raymond J. Learsy | Posted 12.23.2011 | Politics
Raymond J. Learsy

She may not know it yet, but the nation needs Sheila Bair. Her persona, her values, her experience would be an enormously timely gift to all of us.

The Oil Market Plays Casino While the Obama Administration Acts as Croupier

Raymond J. Learsy | Posted 02.12.2013 | Business
Raymond J. Learsy

The Cramer interview is breathtaking in exposing the administration's total lack of understanding of the distorted formation of the price of oil and gasoline in today's markets and seemingly impervious to its cost to the economy and its destructive impact on jobs.

'Americans Elect' and Tom Friedman's Op-ed

Raymond J. Learsy | Posted 09.24.2011 | Business
Raymond J. Learsy

Yesterday in his op-ed, Thomas L. Friedman wrote "Make Way For the Radical Center," bringing into focus the nascence of an organization meant to deal with "this kind of idiocy by elected officials."

America Needs a President Who Will Confront the Financial Industry's Hegemony Over Our Lives

Raymond J. Learsy | Posted 09.13.2011 | Business
Raymond J. Learsy

No one in a position of authority in our government today seems to understand fully the threat to American institutions and ideals represented by the untrammeled clout the financial industry now holds in Washington.

FDIC Chair: Mortgage Industry 'Didn't Think Borrowers Were Worth Helping'

ProPublica | Posted 09.12.2011 | Business

By Lois Beckett, ProPublica Outgoing Federal Deposit Insurance Corporation Chairwoman Sheila C. Bair's revealing exit interview by the New York Times...

Dodd-Frank Didn't End 'Too Big To Fail': Standard and Poor's

The Huffington Post | Alexander Eichler | Posted 09.12.2011 | Business

Despite efforts to increase accountability and minimize the need for government assistance in the financial sector, some banks may still be considered...

FDIC Sues Former IndyMac Bank CEO

Posted 09.06.2011 | Business

(Mihir Dalal) - The Federal Deposit Insurance Corp sued former IndyMac Bank Chief Executive Michael Perry to recover over $600 million in damages and ...

Departing Regulator: Government, Banks Suffer From 'Short-Termism'

The Huffington Post | Bonnie Kavoussi | Posted 08.25.2011 | Business

Sheila Bair, outgoing chair of the Federal Deposit Insurance Corp., said on Friday that the American government and financial system are in danger of ...

Marcus Baram

Army Probes Big Pharma Payments To Military Doctors | Marcus Baram | Posted 08.20.2011 | Business

The U.S. Army is probing payments by pharmaceutical companies to military physicians in the wake of a recent settlement between Novo Nordisk and the J...

JPMorgan Exec Slams Regulations

The Huffington Post | William Alden | Posted 08.16.2011 | Business

Executives at JPMorgan Chase aren't happy about the prospect of the government telling them how much money they must hold over for a rainy day. Th...

FDIC Chair 'Very Concerned' EU Banking System Could Destabilize Global Economy

Posted 08.16.2011 | Business

A top bank regulator said she is "very concerned" the European banking system has the potential to become a future source of financial instability, ac...

Shahien Nasiripour

Bank Of America Faces New Probe; New York Attorney General Launches Investigation Into Mortgage Securitization | Shahien Nasiripour | Posted 08.12.2011 | Business

New York Attorney General Eric Schneiderman has targeted Bank of America, the biggest U.S. bank by assets, in a new probe that questions the validity ...

Two Areas Dominate Debate Over Financial Reform's Implementation

Posted 08.12.2011 | Business

WASHINGTON (Kevin Drawbaugh) - Global inconsistencies and industry resistance are clouding the outlook for world financial regulation reform in two ke...

The Wake-Up Call: FDIC's Sheila Bair Says Regulators Need 'Political Courage'

Posted 07.26.2011 | Business

• Outgoing Federal Deposit Insurance Corporation chair Sheila Bair appears before the House Financial Services committee to discuss the agency's ro...

William Alden

Bank Profits Soar And Corporate Bonuses Swell As Broader Economy Stagnates | William Alden | Posted 07.25.2011 | Business

The divide between corporate fortunes and those of ordinary Americans continues to widen, as banks post strong profits and the nation's largest compan...

Financial Reforms Could Be Stalled Big Leadership Vacuum | BINYAMIN APPELBAUM | Posted 07.13.2011 | Business

The Obama administration has not announced nominees for several positions that Congress created last summer, nor has it nominated new heads for three ...

Simon Johnson: Why The FDIC Couldn't Have Saved Lehman

Economix | Simon Johnson | Posted 06.28.2011 | Business

Under the Dodd-Frank financial regulation legislation (in Title II of that act), the Federal Deposit Insurance Corporation is granted expanded powers ...

Shahien Nasiripour

New Financial Reform Law Could Have Resolved Lehman, Regulator Argues | Shahien Nasiripour | Posted 06.18.2011 | Business

The failure of Lehman Brothers Holdings Inc., which caused financial panic and sent markets into a tailspin, could have been avoided had last year's f...

FDIC Chair: Divide Banks Into High-Risk, Low-Risk Sections

The Huffington Post | Maxwell Strachan | Posted 06.18.2011 | Business

With her time winding down as head of the Federal Deposit Insurance Corporation, Sheila Bair has suggested the U.S. follow a British proposal that cou...

WATCH: 60 Minutes' Devastating Look At The Mortgage Crisis

The Huffington Post | William Alden | Posted 06.04.2011 | Business

The mortgage crisis is far from over. 60 Minutes takes a new look at the state of the foreclosure crisis, interviewing homeowners, a regulator and s...

High Noon on Wall Street

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

This is the administration's chance to stand with fighters like Elizabeth Warren, both in its words and in its deeds. Some well-targeted prosecutions would be an enormous political boon. It would also be the right thing to do.