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« Previous Entry | Main | Next Entry » Seven Questions for Sheila Bair
Editor's note: Ask and ye shall receive. We received some excellent and provocative questions for FDIC Chair Sheila Bair in response to our request here on the Business Desk. Thanks to everyone who contributed. Paul sat down with Bair this morning at FDIC headquarters in Washington, and his interview appears on Friday's NewsHour. Bair also answered seven questions from NewsHour viewers -- on topics ranging from the power of the banking lobby and what to look for to judge a bank's health to lessons learned from other countries' banking rules and the changing role of the FDIC. We were particularly interested to hear Bair's response to a reader question on what she'd do differently in hindsight. Her response: She wished she'd dissuaded Treasury from using federal bailout dollars to prop up big financial institutions with capital infusions last fall, not least because of the thorny issues raised by government ownership of these banks and the public outcry that ensued. Watch Bair's exclusive interview answering NewsHour viewers' questions below. -- Posted November 13, 2009 | Comments (5) | Permalink
 TrackBacksListed below are links to blogs that reference this entry: Seven Questions for Sheila Bair. TrackBack URL for this entry: http://www.pbs.org/newshour/mt4/mt-tb.cgi/1782 5 CommentsLeave a comment |
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I suggest that Sheila Bair and the FDIC require that all loan officers at banks that fail should go to a credit policy training program for several months. I was a (credit trained) VP commercial real estate loan officer at Chase Bank until I retired, and am now consulting with an investor bidding on commercial RE loans from Integrity Bank and other failed institutions. These loans are BAD, and the FDIC should correct the "relationship loans" made by those free-wheeling bankers who apparently didn't say no to anyone.
Thanks for this additional Q/A. It added even more depth to the TV interview with a critically positioned player. And my fellow viewers asked some great questions.
Now I understand this new online type of feature from the NewsHour, and its value for citizens.
Did not understand a lot of the questions or answers...but it was good to be able to follow up the NewHour viewing with this interview...Now that I've found the "The Business Desk" site, I will probably increase my understanding of the financial crisis that we are in...and hope to get out.
Well,
I watched the video, some parts more than once. Many on this board know she is lying from filed court cases, claims and just general facts.
About her being smooth though,,HHMMMM: one could tell when she was lying because her eyes looked down to the right too often. When she was recalling factual events, her eyes looked down to the left. She was so bad that not even just her eyes turned, but her whole head tilted in that direction. To the right for a lie, to the left for a fact. Even though her head went left for a minute when she first starting talking about the "failure." As she was told or remembered, it was a failure. Look to see what she is saying when her head and eyes go right. It is the difference between remembering and creating. Two different sides of the brain are used-one side for fact the other side for creation/fabrication. It is like clock work watching her turn--it tells the whole story right there. She should be asked if she would volunteer, or be forced to take polygraph.
She is also another one of those media mass consciousness types that identifies with her ego and not her shadow, for she thinks there was no problem because it didn't make top page headlines. Talk about manipulation. Talk about UN-CONSCIOUSNESS.
Watch the video---see if I am lying
Mr Solman,
Thank you for asking Mr Salmon's question. I speak for many who remain very interested in the FDIC's actions re. Washington Mutual.