Law and regulation Why Sheila Bair Worries About Citi's Future Published October 11, 2012 3:52 PM | Updated February 10, 2020 10:46 AM 4:42 Facebook Twitter LinkedIn Email In a recent video interview, former FDIC Chairman Sheila Bair discusses the problems the company still faces and whether she regrets not downgrading Citigroup during the financial crisis.