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Seven Explosive Details from Bair's New Book

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Comments (3)
Bair's policy proposals make a great deal of sense. The FDIC as insurer should have sole responsibility for regulating and closing banks. There should be one regulator for everything else, not housed in the Treasury or Fed where access to bailout funds is too easy.
Posted by kvillani | Tuesday, September 25 2012 at 10:22AM ET
This is a very complex set of issues. The process should begin with regulations and regulators for "too big to fail" banks and a different approach for community banks that avoid the risk taking bets by simply serving their communities.
Posted by Moneychanger | Tuesday, September 25 2012 at 5:02PM ET
What was once "rumored" as "tension" between Bair and Geithner during the crisis is now clearly settled. There was no tension but rather disdain and a lack of trust between the two. Bair pulls no punches in throwing "Tim" under the bus.
Posted by SEG NSFP | Friday, September 28 2012 at 3:53PM ET
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