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The FDIC's Shelia Bair: "There Will Be Losses."
Thursday, October 29, 2009FDIC Chief Sheila Bair spoke at the Town Hall Los Angeles this morning, sharing her thoughts on financial markets and some of the policy issues she faces as one of the nation’s top banking authorities. Formerly a professor of regulatory affairs at the University of Massachusetts, Bair speaks in a rapid fire style. So I’ll put her comments in bullet points.
On the economy as a whole
Bair sai...
Original article from http://www.businessweek.com/the_thread/hotproperty/archives/2009/10/the_fdics_sheli_1.html
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