Sheila Bair

FDIC Strangely Resembling A Private Investor

Huffington Post | Ryan McCarthy | Posted 12.23.2009 | Business

Read More: Fdic, Corus, Commercial Reale State Sale, John Paulson, Franklin, Federal Desposit Insurance Corporation, Indymac, Loss-Share, Sheila Bair, Private Equity, Onewest, Business News

The Federal Deposit Insurance Corp. is looking for a few good business partners. The beleaguered federal agency, hammered by this year's spate of ...

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The Most Powerful Women You May Not Know of

Mainstreet | David Seaman | Posted 12.17.2009 | Business

Read More: Carol Bartz, Sheila Bair, Powerful Women, Ursula Burns, Lynn Elsenhans, Indra Nooyi, Business News

Oprah Winfrey, the Queen of England, Michelle Obama. We know who they are... or at least you should! But here are a handful of women--also extraordin...

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New Accounting Rules Move Bad Assets Back Onto Balance Sheets - But It's Going To Take Time

nytimes.com | FLOYD NORRIS | Posted 12.11.2009 | Business

Read More: Structured-Investment-Vehicle, Fdic, Financial Accounting Standards Board, Robert Herz, Financial Crisis, Sheila Bair, Accounting, Business News

Did accounting help cause the financial crisis? A minuet playing out now is showing that the answer is yes -- but not in the way the banks want us to...

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FDIC Shuts Down AmTrust Bank, 5 Others: 130 Failed Banks So Far In 2009

AP | MARCY GORDON | Posted 12.05.2009 | Business

Read More: Tattnall Bank, Amtrust, New York Community Bank, Fdic, Greater Atlanta Bank, Failed Banks, Buckhead Community Bank, Banks, Benchmark Bank, First Security National Bank, Ohio Savings, Sheila Bair, 1st Security National Bank, Business News

WASHINGTON — Regulators have shut down six more banks, bringing to 130 the number of U.S. banks to be brought down so far in 2009 by recession a...

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At Last, One Government Agency Considers Cutting Mortgage Principal For Distressed Homeowners

HuffingtonPost.com | Shahien Nasiripour | Posted 12.04.2009 | Business

FDIC Chairman Sheila Bair indicated Thursday that she is exploring the idea of reducing the principal on as much as $45 billion in mortgages her agenc...

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In Crazy New Landscape For Banks, Taxpayers Are The Big Losers

HuffingtonPost.com | Shahien Nasiripour | Posted 12.03.2009 | Business

Read More: Wall Street Bailout, Fdic, Bank Failures, Institutional Risk Analytics, Christopher Whalen, Bailout, Federal Deposit Insurance Corp, Banks, Financial Crisis, Chris Whalen, Institutional-Risk-Analytics, Sheila Bair, Transparency, Business News

This story has been updated Fifty banks collapsed during the third quarter of 2009, while more than one in 15 are on the verge of failure -- the high...

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Why Sen. Dodd's Opposition to the Federal Reserve is Ill-Conceived

Georges Ugeux | Posted 11.13.2009 | Politics

Read More: Tarp, John McCain, Congress, Fdic, Hank Paulson, Liquidity, International Monetary Fund, Financial Reform, Senate Banking Committee, Ben Bernake, Federal Reserve, Monetary Policy, Chris Dodd, Democrats, European Central Bank, Frankfurt, Bank for International Settlements, Senate, Forum of Financial Stability, Treasury, Washington, Comptroller of the Currency, Central Banks, Sec, Global-Financial-Markets, Us, Sheila Bair, Republicans, Politics News

Had Senate Banking Committee's Chairman Chris Dodd's proposal been effective before the crisis, where would we be today?

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FDIC Chief Sheila Bair: Big Banks Still Aren't Lending Enough

AP | STEVENSON JACOBS | Posted 11.11.2009 | Business

Read More: Fdic, Bank Lending, Credit Markets, Bailout, Lending, Loans, Federal Deposit Insurance Corp, Banks, Sheila Bair, Tarp, Business News

NEW YORK — The head of the Federal Deposit Insurance Corp. said Tuesday she's "very worried" that the nation's biggest banks aren't lending enou...

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Federal Reserve Loses Expanded Powers Proposed By Obama Administration

HuffingtonPost.com | Shahien Nasiripour | Posted 11.05.2009 | Business

Read More: Fdic, Occ, Tbtf, Barney Frank, Too Big to Fail, John Dugan, Financial Crisis, Federal Reserve, Obama Administration, Comptroller of the Currency, Sheila Bair, Business News

The pushback against an omnipotent Federal Reserve keeps growing. A top Congressional leader said Thursday that the Fed will not have the power to ov...

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Chris Dodd's New Legislation Would Strip Power From Fed, FDIC

wsj.com | DAMIAN PALETTA | Posted 11.05.2009 | Business

Read More: Fdic, White House, Barney Frank, Financial Reform, Federal Reserve, Chris Dodd, Ben Bernanke, Sheila Bair, Too Big to Fail, Barack Obama, Financial Regulation, Business News

WASHINGTON -- A key Senate lawmaker is readying legislation that would dramatically redraw how the financial system is regulated, setting the chamber ...

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Barney Frank Disagrees With Obama On Fund, May Face Fight With Some Financial Firms

bloomberg.com | Alison Vekshin | Posted 11.02.2009 | Politics

Read More: JP Morgan Chase, Treasury Department, Shareholders, Federal Deposit Insurance Corp., Barney Frank, Bloomberg Television, Aig, Obama Administration, Regulate Financial Firms, Financial Services Roundtable, Goldman Sachs, U.S. House Financial Services Committee, Financial Firms, Consumer Financial Protection Agency, Timothy Geithner, Sheila Bair, Political Capital With Al Hunt, Scott Talbott, Politics News

Oct. 31 (Bloomberg) -- Barney Frank, chairman of the U.S. House Financial Services Committee, reversed course on paying to unwind failed financial fi...

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Frank Says "Too Big To Fail" Bill Will Be Changed

HuffingtonPost.com | Shahien Nasiripour | Posted 10.30.2009 | Business

Read More: Wall Street Bailout, Tbtf, Bailout, Tim Geithner, Barney Frank, Too Big to Fail, John Dugan, Financial Crisis, Banks, Timothy Geithner, Sheila Bair, Business News

Democrats and Republicans ripped into Treasury Secretary Timothy Geithner during a Congressional hearing Thursday, as Geithner defended an administrat...

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The American Bankers Association's 15 Minutes of Fame in Chicago

Dean Baker | Posted 10.26.2009 | Business

Read More: Banks, Too Big to Fail, Bailouts, Fdic, Richard Durbin, American Bankers Association, Chicago, Aba, Sheila Bair, Business News

Like termites, the American Bankers Association does most of its damage in the dark. But the ABA is getting a brief period in the limelight this week as a result of the Showdown in Chicago.

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Showdown In Chicago: Sheila Bair Speaks To Protesters, Backs Consumer Protection Agency (VIDEO)

Posted 10.26.2009 | Business

Read More: Bank Protests, Fdic, Showdown in Chicago, Aba, Seiu, Federal Deposit Insurance Corp, Afl-Cio, National People's Action, Slideshow, Sheila Bair, American Bankers Association, Business News

ORIGINAL POST (Scroll down for a slideshow of today's protests): Before she appeared at the American Bankers Association annual convention today, Fe...

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A New Crossover Hit: "Break Up the Big Banks"

George Goehl | Posted 10.24.2009 | Business

Read More: Elizabeth Warren, Congress, Campaign Finance Reform, Wall Street, Showdown in Chicago, Michael Moore, Financial Reform, Too Big to Fail, Mortgage Crisis, Obama Administration, Financial Crisis, Alan Greenspan, Sheila Bair, Bankers, Banking Regulation, Banks, Banking Crisis, Business News

We've reached an incredible moment when Alan Greenspan, Michael Moore, FDIC head Sheila Bair and Elizabeth Warren are all singing the same tune: calling for breaking up the big banks.

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Words From the Wise?

Michael J. Panzner | Posted 10.17.2009 | Business

Read More: Larry Summers, Financial Crisis, Timothy Geithner, Risk Management, Sheila Bair, Financial Regulation, Economy, Business News

I just got back from The Economist's "Buttonwood Gathering" and thought I'd share a few of the more interesting quotes from the movers-and-shakers at the conference.

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FDIC's Bair: "Banks Will Continue To Fail Through 2010" (VIDEO)

cnbc.com | Posted 10.13.2009 | Business

Read More: Fdic, Sheila Bair, Cnbc, Business News

Sheila Bair, chairman of the Federal Deposit Insurance Corporation (FDIC) appeared on CNBC this morning to discuss TARP, failing banks, toxic assets, ...

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Citigroup's Positive Management Review Questioned By FDIC

Reuters | Posted 10.09.2009 | Business

Read More: Fdic, Citigroup, Sheila Bair, Vikram Pandit, Citibank, Federal Deposit Insurance Corp, Business News

(Reuters) - The U.S. Federal Deposit Insurance Corp is questioning the positive conclusions given to Citigroup Inc's management team in a government-m...

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Wall Street: Too Big To Regulate

Garrett Johnson | Posted 10.06.2009 | Business

Read More: Wall Street Bailout, Financial Reform, Fdic, White House, Bank of America, Treasury Department, Hank Paulson, Willaim K. Black, Joseph Stiglitz, Nobel, Federal Reserve, Timothy Geithner, Public Private Investment Program, Thomas Hoenig, Sheila Bair, Tarp, Business News

How can the Treasury, White House, and Congress be so tone deaf to calls to stop the massive give-away to the same people who got us into this mess?

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Sheila Bair, FDIC Chief: "Too Big To Fail" Must End For All

nytimes.com | Posted 10.05.2009 | Business

Read More: Banks, Too Big Too Fail, Fdic, Economy Recession, Sheila Bair, Federal Deposit Insurance Corp, Business News

The head of the U.S. Federal Deposit Insurance Corp. said on Sunday that she wanted to end the "too big to fail" doctrine and shrink the shadow bankin...

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FDIC's Seizure Of Georgian Bank: Are Banks Flying Blind?

bloomberg.com | Jonathan Weil | Posted 12.01.2009 | Business

Read More: Fdic, Bank Failures, Banks, Bank Balance Sheets, Federal Deposit Insurance Corp, Georgian Bank, Sheila Bair, Business News

How many other seemingly healthy multibillion-dollar community banks are out there waiting to implode? That's impossible to know, which is what's so u...

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FDIC Expected To Ask Banks For $36B In Prepaid Insurance Fees

AP | By MARCY GORDON | Posted 11.28.2009 | Business

Read More: Federal Deposit Insurance Corp., Fdic, Liquidity, Economy, Liquid, Prepaid Bank Insurance, Recession, Bailout, Insurance, Finance, Failed Banks, Treasury, Banks, Fees, Sheila Bair, Healthy Banks, Business News

WASHINGTON (AP)-- The Federal Deposit Insurance Corp. may take the unprecedented step of ordering banks to prepay about $36 billion in premiums to rep...

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FDIC Shortfall Symptom of Much Bigger Problem

Marshall Auerback | Posted 11.25.2009 | Business

Read More: Banks, Fdic, Liquidity, Sheila Bair, Business News

Having the FDIC implement higher insurance charges on the banks is wrong on many grounds. For one thing, it's grossly unfair to force well-run banks to pay higher premiums to pay for the sins of Citi, BOA, or Wells Fargo.

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FDIC Is Broke, Taxpayers At Risk, Says FDIC Chairman

Bloomberg | Jonathan Weil | Posted 11.24.2009 | Business

Read More: Fdic, FDIC Money, Sheila Bair, FDIC Broke, Business News

The FDIC's insurance fund is going broke, and Sheila Bair is wondering aloud about how to replenish it. This means one thing for taxpayers: Watch your...

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Obama's Financial Reform Speech Fizzles

Marshall Auerback | Posted 11.17.2009 | Business

Read More: Fdic, Financial Speech, Obama Speech, Elizabeth Warren, Sheila Bair, Cfpa, Fcic, Business News

For all of the lofty talk about establishing "the most ambitious overhaul of the financial system since the Great Depression," Obama's reforms amount to nothing more than a reshuffling of the deckchairs on the Titanic.

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Sheila Bair

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