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Sheila Bair

Shahien Nasiripour

Megabanks Will Shrink, Bernanke Tells Financial Crisis Commission, Yet Doubts Over Too Big To Fail Remain

HuffingtonPost.com | Shahien Nasiripour | Posted 09.02.2010 | Business

In one of his most definitive statements on the subject to date, the nation's central banker said Thursday that he expects some of the nation's megaba...

Shahien Nasiripour

Bank Profits Soar, Lending Falls As Banks Pay Next To Nothing For Funds

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Bank profits jumped 21 percent last quarter to nearly $22 billion, the highest level in three years, as banks put away less money to cover future loss...

Bernanke to World: "We're Going to Fiddle While Rome Burns"

Bill Baker | Posted 05.25.2011 | Business
Bill Baker

In Jackson Hole, Wyoming today Fed Chairman Ben Bernanke said the risk of an "undesirable rise in inflation or of significant further disinflation see...

Banking Committee Chairman Pushing Bank Regulator To Run Consumer Protection Agency

Wall Street Journal | DAMIAN PALETTA | Posted 05.25.2011 | Business

Sen. Christopher Dodd approached Federal Deposit Insurance Corp. Chairman Sheila Bair in recent days to gauge whether she would be interested in runni...

The Top 10 Women In Money

walletpop.com | Vera Gibbons | Posted 05.25.2011 | Business

Elizabeth Warren. Suze Orman. Maria Shriver. Sheila Bair. These women -- and the remaining six on WalletPop's (unscientific) list of the TOP TEN WOMEN...

Women on the Verge

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

Why is it that so many of the heroic leaders who have pushed the Obama administration to be more steadfastly progressive on financial issues just happen to be female?

Meet The Women Charged With Cleaning Up Wall Street

TIME | Michael Scherer | Posted 05.25.2011 | Business

A few weeks back, at an event to celebrate the role of women in finance, Treasury Secretary Timothy Geithner tried to get things started with a joke. ...

My Private Obama

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

History has seldom delivered a more graphic, teachable crisis than the one that Obama inherited. Although we voted our hopes that events could compel Obama to govern as a progressive, we are still waiting, and we are a cheap date.

Shadow Elite: Rolling Stone's Hastings - How Outsiders Provide the Indispensable Check & Balance

Janine R. Wedel | Posted 05.25.2011 | Media
Janine R. Wedel

Michael Hastings broke the understandings maintained for mutual benefit by the military, reporters who regularly cover it, and perhaps some allied think tanks as well. He did not have special access, he chose to take a risk.

FDIC Head Sheila Bair: Let Banks Keep Derivatives

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON — A top government banking regulator wants Senate Democrats to let banks keep most of their business in complex – and profitabl...

Sheila Bair, FDIC Chair, Calls For Better Lending Standards

AP | JOHN MILBURN | Posted 05.25.2011 | Business

LAWRENCE, Kan. — The head of the Federal Deposit Insurance Corp. said Monday that the U.S. needs better lending standards and greater transparen...

Time for Wall Street to Ex Ante Up!

Rep. Luis Gutierrez | Posted 05.25.2011 | Politics
Rep. Luis Gutierrez

The House version of the Wall Street reform bill has a $150 billion fund -- pre-paid by the big banks -- that would cover the cost when a big bank fails. The Senate bill does not.

Sheila Bair

dealbreaker.com | Zachery Kouwe | Posted 05.25.2011 | Business

Dealbreaker published a copy of an August 2008 email OTS Director John Reich sent to Sheila Bair after she emailed him about her desire to "discuss co...

Sheila Bair, FDIC Chief: Reform Bill Will Make Bailouts 'Impossible'

American Banker | Rob Blackwell | Posted 05.25.2011 | Business

Would this bill perpetuate bailouts? SHEILA BAIR: The status quo is bailouts. That's what we have now. If you don't do anything, you are going to kee...

'Women In Finance': See The Female Business Leaders Whom The White House Invited To Its Symposium (PHOTOS)

Posted 05.25.2011 | Business

The White House assembled some of the top women leaders in the financial world today for its "Women In Finance Symposium" (streaming live on the WH we...

Shahien Nasiripour

Dodd Amending Financial Reform Bill To Prevent 'Backdoor Bailouts' After Concerns Raised

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

In response to concerns that his financial reform bill allows for "backdoor bailouts," Senate Banking Committee Chairman Christopher Dodd will amend h...

Shahien Nasiripour

FDIC's Sheila Bair Backs Consumer Agency, Defying Other Regulators

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

In contrast to her fellow federal bank regulators, Federal Deposit Insurance Corp. Chairman Sheila Bair continues to back an independent consumer-focu...

Bernanke Sides With Banks, Opposes Plan To Spin Off Swaps Desks

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Yesterday, in a letter to Chris Dodd, the chairman of the Senate Banking Committee, Federal Reserve chief Ben Bernanke reiterated his opposition to a ...

Shahien Nasiripour

Obama Foreclosure-Prevention Plan Lagging, New Data Shows (EXCLUSIVE)

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Only about a third of the homeowners who have successfully completed the trial period of the Obama administration's mortgage modification program have...

Shahien Nasiripour

Treasury Getting More Comfortable With Principal Write-Downs -- Sort Of

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Is the Treasury Department finally going to help homeowners who owe more than their homes are worth get out from underwater? Maybe, maybe not. At a ...

Shahien Nasiripour

FDIC Chairman Sheila Bair Committed To Independent Consumer Agency

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

One of the nation's top banking regulators reiterated her support for an independent agency to protect borrowers from predatory lenders, putting her a...

FDIC: Bank Lending Tumbles 7.5 Percent In 2009

washingtonpost.com | Binyamin Appelbaum | Posted 05.25.2011 | Business

Lending by the banking industry fell by $587 billion, or 7.5 percent, in 2009, the largest annual decline since the 1940s, the Federal Deposit Insuran...

FDIC Shuts Down Four Banks: 20 Banks Closed In 2010

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year followin...

FDIC Chief Got Bank Of America Loans While Working On Its Rescue

Huffington Post Investigative Fund | Keith Epstein and David Heath | Posted 05.25.2011 | Business

Sheila Bair, one of the chief regulators overseeing Bank of America's federal rescue, took out two mortgages worth more than $1 million from the banki...

Bank Pay: FDIC Considers Tying Fees To Executive Compensation Levels

Posted 05.25.2011 | Business

WASHINGTON (MARCY GORDON -- AP) -- Federal banking regulators are considering a plan to link the insurance premiums U.S. banks must pay to the degree ...