They could have saved us from this mess. Three regulators did indeed ring warning bells — at the right time, in the right places, and loud enough for other banking and financial system overseers. All three were women: Brooksley Born, Sheila Bair and...

They could have saved us from this mess. But wait … Three regulators did indeed ring warning bells — at the right time, in the right places, and loud enough for other banking and financial system overseers. All three were women: Brooksley Born, Sheila...

At 2006’s first meeting, a senior Fed economist noted “that we are reaching an inflection point in the housing boom. The bigger question now is whether we will experience (a) gradual cooling. At that same meeting, Fed Governor Susan Bies warned that...

At 2006's first meeting, a senior Fed economist noted "that we are reaching an inflection point in the housing boom. The bigger question now is whether we will experience (a) gradual cooling … or a more pronounced downturn." At that same meeting, Fed...

He identifies housing as a crucial issue, but adds that he agrees “with most of the commentary that the strong fundamentals support a relatively soft landing in housing. May 10, 2006 — (Ben Bernanke after being warned by Board Member Susan Bies about...

RAY SUAREZ: It's not like they were totally blind. They were seeing steady supplies of intelligence about what was going on in the field. Here's a quote from Federal Reserve Gov. Susan Bies. She says: "A lot of private mortgages that had been...