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Are taxpayers about to bail out banks to the tune of another $700 billion? FDIC Chair Shelia Blair weighs in
LATEST STORIES
Fed Cracks Down on Bank Overdraft Fees
| AP| Politics
… under fire for the fees. But consumer groups and other regulators, including Federal Deposit Insurance Corp. Chairman Sheila Bair , said new rules were still necessary to ensure smaller banks followed suit. Many lawmakers have criticized the …
Story|11/12/2009
Bank Failures Top 100 for Year, Most Since 1992
AP| Politics
… source of consumer and business credit, Williams said. But finding buyers for wobbly banks has been tough. FDIC Chairman Sheila Bair acknowledged as much in testimony this month before a Senate panel. The FDIC has been offering to share buyers …
Story|10/24/2009
Obama to Expand Bailout to Small Businesses
FOXNews.com| Politics
… Given that we are now well into October, it seems probable that there would need to be some extensions," Tenhundfeld said. Sheila Bair , the chairman of the Federal Deposit Insurance Corp., generally defined community banks as those with less than $1 billion …
Story|10/21/2009
FDIC, Hit by Failing Banks, May Sink Into the Red
AP| Politics
… That number shot up to 305 in the first quarter -- the highest since 1994 and up from 252 late last year. FDIC Chairman Sheila Bair may also use the quarterly briefing to discuss how the agency plans to shore up its accounts. Small and midsize …
Story|08/27/2009
Applauding Bernanke: Every Circus Needs a Ringmaster - FOXNews.com
| - FOXNews.com| Opinion
… potentates to confuse and frustrate any decision-maker. Christina Romer, Chairman of the Council of Economic Advisors, Sheila Bair , head of the FDIC, Paul Volcker, head of the president's Economic Recovery Advisory Board, Larry Summers, Director …
Story|08/25/2009
No Bailout For CIT Despite Bankruptcy Fears
AP| Politics
… with officials from the Treasury, Federal Reserve and Federal Deposit Insurance Corp. for much of the week. FDIC Chairman Sheila Bair resisted lobbying by CIT and other regulators for her agency to come to the rescue. An agreement on aid appeared …
Story|07/16/2009
Banks Earn $7.6 Billion in First Quarter After Record Loss in Fourth Quarter
AP| Politics
… accumulate" and the costs to banks from soured loans "are weighing heavily on the industry's performance," FDIC Chairman Sheila Bair said. "Nevertheless, compared to a year ago, we see some positives." Those include the increase in banks …
Story|05/27/2009
Stress Tests Just Part of the Game
| FOXNews.com| Glenn Beck
… re familiar to you already; they're the good guys with the patriotic stickers on bank doors. You know them. FDIC chief Sheila Bair recently said the agency should have more power to take over and close insurers, bank holding companies and other financial …
Story|05/07/2009
Obama says economy showing 'glimmers of hope'
| AP| Politics
… wealthiest and developing economies. Also at Friday's meeting were Christina Romer, head of the Council of Economic Advisers; Sheila Bair , chairwoman of the Federal Deposit Insurance Corp.; Securities and Exchange Commission Chairwoman Mary Schapiro and Comptroller …
Story|04/10/2009
Obama: Economy Showing 'Glimmers of Hope' - First 100 Days of Presidency - Politics FOXNews.com
AP| Politics
… difficult if not impossible. Also at the meeting were Christina Romer, who heads the White House Council of Economic Advisers; Sheila Bair , chairwoman of the Federal Deposit Insurance Corporation, Securities and Exchange Commission Chairwoman Mary Schapiro and …
Story|04/10/2009
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