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FDIC Chairwoman Sheila Bair, center, reads over documents as John K. Hardage, right, and John G. Walsh, left, both from the Comptroller of the Currency, talk to each other before the start of hearing at the House Financial Services on Capitol Hill in Washington, Wednesday, Sept. 23, 2009.
View Photo »WASHINGTON - JULY 24: Federal Reserve Bank Chairman Ben Bernanke (L) and Federal Deposit Insurance Corporation Chairman Sheila Bair (R) listen to opening statements during a hearing of the House Financial Services Committee on Capitol Hill July 24, 2009 in Washington, DC.
View Photo »WASHINGTON - JULY 24: Federal Deposit Insurance Corporation Chairman Sheila Bair (C) listens to Federal Reserve Bank Chairman Ben Bernanke (L) testify during a hearing of the House Financial Services Committee with U.S. Comptroller of the Currency John Dugan (R) on Capitol Hill July 24...
View Photo »WASHINGTON - JULY 24: Federal Reserve Bank Chairman Ben Bernanke (L) and Federal Deposit Insurance Corporation Chairman Sheila Bair (R) listen to opening statements during a hearing of the House Financial Services Committee on Capitol Hill July 24, 2009 in Washington, DC.
View Photo »WASHINGTON - JULY 24: Federal Reserve Bank Chairman Ben Bernanke (L) testifies with Federal Deposit Insurance Corporation Chairman Sheila Bair (C) and U.S. Comptroller of the Currency John Dugan during a hearing of the House Financial Services Committee on Capitol Hill July 24, 2009 in...
View Photo »Federal Deposit Insurance Corporation Chairwoman Sheila Bair (L) and Securities Exchange Commission Chairwoman Mary Schapiro (R) prepare to testify before the Senate Banking Committee on Capitol Hill in Washington, July 23, 2009.
View Photo »Federal Deposit Insurance Corporation Chairwoman Sheila Bair (R) shakes hands with Senate Banking Committee Chairman Sen. Chris Dodd (2nd L) as Securities Exchange Commission Chairwoman Mary Schapiro (L) walks in before they testify before the Senate Banking Committee on Capitol Hill in...
View Photo »Federal Deposit Insurance Corporation Chairwoman Sheila Bair (L) and Securities Exchange Commission Chairwoman Mary Schapiro (R) prepare to testify before the Senate Banking Committee on Capitol Hill in Washington, July 23, 2009.
View Photo »FILE - FOR STORY SLUGGED EEUU-CONGLOMERADOS - In this May 6, 2009 file photo, FDIC Chair Sheila Bair, left, and Gary Stern, president, Federal Reserve Bank of Minneapolis, listen on Capitol Hill in Washington during a Senate Banking Committee hearing on resolving issues with institution...
View Photo »WASHINGTON - JUNE 25: U.S. Secretary of the Treasury Timothy Geithner (C) pauses as Federal Deposit Insurance Corporation Chairman Sheila Bair (R) and Securities and Exchange Commission Chairman Mary Shapiro (L) look on as he convenes the President's Working Group on Financial Markets...
View Photo »WASHINGTON - JUNE 25: U.S. Secretary of the Treasury Timothy Geithner (L) speaks as Federal Deposit Insurance Corporation Chairman Sheila Bair (R) looks on as he convenes the President's Working Group on Financial Markets (PWG) at the Department of the Treasury June 25, 2009 in Washing...
View Photo »CHICAGO - MAY 07: Sheila Bair (R), Chairman of the Federal Deposit Insurance Corporation, greets guests following an address to the Federal Reserve Bank of Chicago's 45th Annual Conference on Bank Structure and Competition May 7, 2009 in Chicago, Illinois.
View Photo »FDIC Chair Sheila Bair, left, and Gary Stern, president, Federal Reserve Bank of Minneapolis. testify on Capitol Hill in Washington, Wednesday, May 6, 2009, before a Senate Banking Committee hearing on resolving issues with institutions deemed "too big to fail".
View Photo »FDIC Chair Sheila Bair, left, accompanied by Gary Stern, president, Federal Reserve Bank of Minneapolis, testifies on Capitol Hill in Washington, Wednesday, May 6, 2009, before the Senate Banking Committee hearing on resolving issues with institutions deemed "too big to fail".
View Photo »Federal Deposit Insurance Corporation (FDIC) Chairwoman Sheila Bair (L) listens as US President Barack Obama (R) comments on the economy after a meeting in the Roosevelt Room of the White House in Washington, DC, April 10, 2009.
View Photo »Federal Deposit Insurance Corporation (FDIC) Chairwoman Sheila Bair (L) listens as US President Barack Obama (R) comments on the economy after a meeting in the Roosevelt Room of the White House in Washington, DC, April 10, 2009.
View Photo »WASHINGTON - APRIL 10: U.S. President Barack Obama (C) holds a meeting with Federal Reserve Chairman Ben Bernanke (R), Federal Deposit Insurance Corporation Chair Sheila Bair (L) and Treasury Secretary Timothy Geithner (back to camera) in the Roosevelt Room at the White House April 10,...
View Photo »WASHINGTON - APRIL 10: U.S. President Barack Obama (C) holds a meeting with Federal Reserve Chairman Ben Bernanke (R), Federal Deposit Insurance Corporation Chair Sheila Bair (L) and Treasury Secretary Timothy Geithner (back to camera) in the Roosevelt Room at the White House April 10,...
View Photo »WASHINGTON - APRIL 10: U.S. President Barack Obama (R) makes comments to the news media after a meeting with Federal Deposit Insurance Corporation Chair Sheila Bair (C) and and National Economic Council Chair Lawrence Summers (L) in the Roosevelt Room at the White House April 10, 2009...
View Photo »FDIC Chair Sheila Bair, left, talks with Daniel Tarullo, a member of the board of governors of the Federal Reserve System, on Capitol Hill in Washington, Thursday, March 19,2009, during a break in the Senate Banking Committee hearing on bank supervision and regulation.
View Photo »White House National Economic Council Director Lawrence Summers (C) sits down to a meeting of the president's working group, including Federal Housing Finance Agency Director James Lockhart (L) and Federal Deposit Insurance Corporation Chairman Sheila Bair (R), at the Treasury Departmen...
View Photo »U.S. Treasury Secretary Timothy Geithner (R) sits down to a meeting with the president's working group on the economy, including FDIC Chairman Sheila Bair (L) and Federal Reserve Chairman Ben Bernanke (2nd L), at the Treasury Department in Washington February 5, 2009.
View Photo »Sheila C. Bair, Chairman of the Federal Deposit Insurance Corporation (FDIC), speaks at the Women's Conference 2009 in Long Beach, California October 27, 2009.
View Photo »NEW YORK - SEPTEMBER 25: FDIC Chairman Sheila Bair attends a panel on finance at the Clinton Global Initiative (CGI) September 25, 2009 in New York City.
View Photo »Sheila Bair, chairman of the Federal Deposit Insurance Corporation, participates in a panel discussion at the Clinton Global Initiative in New York September 25, 2009.
View Photo »WASHINGTON - JULY 24: Federal Reserve Bank Chairman Ben Bernanke (L) and Federal Deposit Insurance Corporation Chairman Sheila Bair (R) listen to opening statements during a hearing of the House Financial Services Committee on Capitol Hill July 24, 2009 in Washington, DC.
View Photo »There is no question that credit availability is an important issue for the economic recovery ... We need to see banks making more loans to their business customers. This is especially true for small businesses that rely on FDIC-insured institutions to provide over 60 percent of the credit they use.
My personal concern is that a year from now we may get assessed again if we have a continuing number of failed banks ... My opinion is that (FDIC Chairwoman) Sheila Bair has done her homework and feels that this is enough to cover troubled banks in the future.
The number of failures we are experiencing is significantly lower than those the FDIC has handled during past crises
It's Madeleine Albright and Kate Gosselin, there's Valerie Jarrett and Meghan McCain, Sheila Bair - head of the FDIC, the most powerful woman in the nation when it comes money. There's Alicia Keys and Jane Goodall.
The FDIC wants banks to make prudent small-business loans, as they are an engine of growth in our economy and can help to create jobs at this critical juncture
We can do this short of bankruptcy if we want to be reasonable people, but nobody in Washington's got the balls to have this conversation, except for [FDIC head] Sheila Bair
Generally federal agencies are wary of using funding mechanisms that might give the appearance that they have been 'captured' by the very institutions they are charged with regulating. But apparently FDIC chair Sheila Bair would rather pursue this cockeyed strategy than ask sparring partner -- Treasury ...
Sheila Bair would take bamboo shoots under her nails before going to Tim Geithner and the Treasury for help
- impyer
5 hours ago
- DieuNguyen
5 hours ago
- yourinrealtor
11 hours ago
