The Financial Crisis: the FRONTLINE interviews Money, Power, & Wall Street sponsored by Duke Sanford School of Public Policy
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Sheila Bair was the chair of the Federal Deposit Insurance Corporation (FDIC), the regulatory body that insures bank deposits, between 2006-2011. As early as early as 2001 she warned of the dangers of subprime lending. Bair told FRONTLINE she was blindsided by some of the decisions made during the crisis. "Just because you're big doesn't mean you should get showered with government money. I want more analysis of why," she said. This is the edited transcript of an interview conducted by correspondent Martin Smith on Nov. 15, 2011.

Sheila Bair

Chair, FDIC (2006-11)

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"The FRONTLINE Interviews" tell the story of history in the making. Produced in collaboration with Duke University's Rutherfurd Living History Program. Learn more...

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