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Sheila Bair

Latest Headlines

Latest Headlines

Bair proposes alternative to Volcker Rule

The MF Global implosion provided a tempting opportunity to weigh in on the proposed, still-in-the-works Volcker Rule. No less than Sheila Bair, the highly respected former head of the FDIC, took the moment to offer her thoughts. In a Fortune commentary, she notes that MF Global, which did

More high praise for Sheila Bair

Sheila Bair, who didn't always fare well in the bureaucratic wars, has fared much better in the court of media opinion. As she exited the FDIC, an institution she left in much better shape than when she took over, pundits were quick to extol her many accomplishments. Such praise may have hit i

Sheila Bair exit leaves FDIC in better shape

Sheila Bair leaves the FDIC on both a high and a low. In her final hours as head of a once beleaguered agency, she presided over the passage of a new, tougher clawback rule. The FDIC will now be able to seize up to two years of executives' pay if they are found to be negligent in their duties

In praise of Preet Bharara

The resounding win by the government in the trial of alleged insider trading mastermind Raj Rajaratnam throws a spotlight on Preet Bharara, who has already distinguished himself as a more-than-worthy U.S. Attorney for the Southern District of New York. He was seen often at the trial, supportin

Sheila Bair to step down as FDIC head

And so Sheila Bair, one of the most influential and passionate of financial regulators, will  ride into the sunset. She has announced she will step down as head of the FDIC on July 8, leaving some significant accomplishments in her wake. The moderate Republican--a hero to small banks, a bane t

Attorneys general seek 'cram downs'?

We've suggested that a huge wildcard in the on-going foreclosure fiasco is the response of the 50 state attorneys general. One outcome is that they will seek some sort of global settlement based on the idea of forced modifications, essentially "cram downs." Sheila Bair, for example, has prop

Tide turning for Citigroup CEO Vikram Pandit

Not too long ago, as Citigroup became a ward of the federal government, CEO Vikram Pandit ( Vikram Pandit news) could do no right. Sheila Bair , of the FDIC, wanted him out. Employees questioned his management abilities. And the world seemed to conclude that a

Behind the battle for Wachovia

Behind every blockbuster deal, there's a story. Sometimes it takes years for it to come to light--if ever. A new book takes an insider look at how Citigroup (NYSE: C ) and Wells Fargo (NYSE: WFC ) fought for Wachovia. The battle featured Sheila Bair of the FDIC in an unlikely role as ref

Dick Bove vs. Sheila Bair: Is she to blame?

Dick Bove, the bank analyst the media can't do without, has put out a provocative report in which he takes aim at Sheila Bair, the head of the FDIC. "Ms. Bair took her position in July 2006, which was more than two years before the September 2008 crisis. I had written in 2005 that the powder keg w

When will Fannie and Freddie face reform?

What to make of Fannie Mae and Freddie Mac? They still have not been dealt with in the post-crisis era. The massive financial reform bill covers a lot of terrain, but it is silent on what to do about these troubled government-sponsored enterprises.  But change is in the offing. For one thi