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26 May 2010, 7:55 am by admin
Chairman Sheila Bair, Vice-Chairman Martin Gruenberg, and Director Thomas Curry voted to approve; Comptroller of the Currency John Dugan and Office of Thrift Supervision Director John Bowman voted against approval. [read post]
25 May 2010, 7:50 am by admin
FDIC Chairman Sheila Bair said there were encouraging signs in… Read this entire article for free, activate your free 15 day trial access to Banking Report now. [read post]
21 May 2010, 2:14 am by Kevin LaCroix
"   If the continued pace of bank failures continues unabated through the end of 2011, we could perhaps reach a total number of bank failures of as many as 500 to 750 banks. [read post]
18 May 2010, 7:22 pm by Kevin Funnell
I assume that no Blue State readers ever watch Fox Business News, and, therefore, as a public service to them, I'm posting an embedded video of a recent interview of Sheila Bair on that cable channel in which she makes some sense about why tearing derivatives trading desks out of banks would be a bad idea. [read post]
13 May 2010, 7:10 pm by Banking LawProf
Treasury Secretary Timothy Geithner raised this question in jest recently -- but we've good three good answers in all seriousness: SEC Chairman Mary Sharpiro, FDIC Chairman Sheila Bair, and Chairman of the Congressional Oversight Panel for the Troubled Assets Relief... [read post]
11 May 2010, 7:40 am by admin
Read this entire article for free, activate your free 15 day trial access to Banking Report now. [read post]
5 May 2010, 11:38 am by admin
Second runner-up: Dear Sheila, You really know how to stir up a colleague’s vacation… ~ John Reich, former director of the Office of Thrift Supervision, in an August 6, 2008 email to FDIC Chairman Sheila Bair, as FDIC pressured OTS to take more forceful enforcement action against the troubled Washington Mutual Bank. [read post]
4 May 2010, 6:25 am by admin
Federal Deposit Insurance Corporation Chairman Sheila Bair May 3 urged the Senate to remove language from financial regulatory reform legislation (S. 3217) that would force banks and bank holding companies to spin off their derivatives business to hedge funds and other non-bank entities. [read post]
4 May 2010, 1:01 am by Mandelman
  The banks had their best year ever last year, in terms of bonuses. [read post]
3 May 2010, 11:50 pm by Mandelman
 So, when Sheila Bair brought up loan modifications, I thought… Wow, a Bush appointee with a brain… go figure. [read post]
2 May 2010, 7:37 pm by Kevin Funnell
Apparently, some readers believe that because I'm no fan of Sheila Bair, therefore I'm a fan of any critic of Sheila's who comes down the pike. [read post]
29 Apr 2010, 7:28 pm by Kevin Funnell
No FDIC assistance will be required, which must make Sheila Bair a happy camper, although the Treasury will take a blow. [read post]
27 Apr 2010, 7:27 pm by Kevin Funnell
The biggest (bitter) laugher for small bankers comes near the end of the article, when Isherwood discusses Sheila Bair's public utterances about community banks. [read post]
23 Apr 2010, 2:02 pm by Joshua Glazov
FDIC Chairwoman Sheila Bair appeared for an interview on CNBC today. [read post]
20 Apr 2010, 8:52 am by admin
The Office of Thrift Supervision (OTS) failed to ensure that Washington Mutual Bank (WaMU) took the necessary steps to correct weaknesses identified by OTS examiners prior to WaMu’s failure in September 2008, and OTS continued to assign WaMu strong ratings despite evidence of risks to the bank’s asset quality and management, according to an investigative report. [read post]
19 Apr 2010, 8:11 am by Matt Altro
For Bob’s daughter-in-law Sheila, the US citizen married to Steve, the planning should be in Steve’s will to create a cross border dynasty trust for the benefit of Sheila’s estate and descendents. [read post]
18 Apr 2010, 7:23 pm by Kevin Funnell
According to one university newspaper columnist, Sheila Bair "will bore us all. [read post]
7 Apr 2010, 2:33 am by admin
Sheila Bair at FDIC has provided 54 banks with loss sharing agreements, similar to the infamous one given to IndyMac Bank’s new owners, whereby the FDIC picks up 80-95% of future losses dependi [read post]
1 Apr 2010, 7:47 pm by Kevin Funnell
Newly appointed Colorado Banking Commissioner Steve Strunk has spent over 36 years being an actual banker, which is about 36 more years of banking experience than that possessed by--oh--say--Sheila Bair, for example. [read post]
21 Mar 2010, 7:44 pm by Kevin Funnell
Sheila and the installation of the poor sucker who will follow her her successor as Chairman of the FDIC, the FDIC could very well be forced to tap the public treasury because the banking industry will have reached the limit of its capacity to pick up the tab fetish for failures. [read post]