The Obama administration intends to keep Federal Deposit Insurance Corp. Chairman Sheila Bair in her post, Democrat officials said Wednesday. Ms. Bai...
William Fisher | Posted 01.08.2009 | Politics
According to the Mortgage Bankers Association, some 1.2 million homes were in foreclosure during the second quarter of 2008, and that number is expected to increase.
wowOwow | Posted 01.08.2009 | Business
Readers, stop sharpening your pitchforks for a moment because here, just in time for your year-end 401K reports to arrive, is a little story about fou...
wowOwow | Posted 01.05.2009 | Business
Even in the new Barack Obama "Yes We Can" era, the boys on Wall Street are apparently still up to their testosterone-fueled tricks. Rubin protege a...
Robert Reed | Posted 01.05.2009 | Chicago
Some infighting is considered good sport, even in the Obama era. But pushing out Federal Deposit Insurance Corp. Chairman Sheila Bair is not a wise, nor politically astute, decision.
Bloomberg | Posted 01.04.2009 | Business
Timothy Geithner, President-elect Barack Obama's choice for U.S. Treasury Secretary, is seeking to push Federal Deposit Insurance Corp. Chairman Sheil...
Miles Mogulescu | Posted 12.29.2008 | Politics
We can only hope that Obama balances the smart Rubinauts whom he has picked to lead his economic team with some equally smart pro-Main Street economic minds.
Economix | Uwe E. Reinhardt | Posted 12.29.2008 | Business
After first trying in vain to become toxic-asset managers and, next, non-voting equity investors in shaky banks, the peripatetic trio composed of the ...
Mark Winston Griffith | Posted 12.25.2008 | Business
While there is room for improvement among nonprofits doing foreclosure prevention, this observation made by the Times is like blaming the troops in Iraq for not policing enough territory.
Mark Winston Griffith | Posted 12.22.2008 | Business
This entry is cross-posted on the DMI blog There used to be time when the idea of a national moratorium on foreclosures was largely seen as an imprac...
Robert Scheer | Posted 12.19.2008 | Politics
This is not change we can believe in -- not if Robert Rubin or his protégé, Lawrence Summers, get to call the shots on the economy in Obama's incoming administration.
Steve Clemons | Posted 12.09.2008 | Politics
I'm not satisfied with the roster of economic personalities and thinkers we see Barack Obama mixing with.
Wall Street Journal | Posted 12.04.2008 | Business
WASHINGTON -- Disagreements over how to structure a federal foreclosure-prevention program are complicating and potentially delaying what is likely to...
ProPublica | Posted 11.16.2008 | Business
A public criticism coming from one of the key government officials overseeing the bailout seems rare enough. But Sheila Bair has been similarly outspoken before.
AP | Posted 07.23.2008 | Business
WASHINGTON — The nation's banking system is "absolutely safe" and Americans' insured deposits in banks protected, the head of the Federal Deposi...
Wall Street Journal | Posted 02.07.2009 | Politics