Breaking: Sheila Bair to stay on at FDIC–HOORAY!!!

Sheila Bair - FDIC Chief

Sheila Bair - FDIC Chief

We LOVE Sheila Bair here at MiM, if Paulson or Geithner or Bernanke had listened to Sheila we would have had mods underway for a year or more by now…they continuously refused her requests that TARP funds be used to fund an FDIC housing plan despite the repeated requests by Congress that they do so…

Barney Frank (D-MA) and Maxine Waters (D-CA)have gone to town on Kashkari for this refusal to implement Chairwoman Bair’s plans and we are sure they had her back in this appointment, (see Waters on our video wall)  (she has butted heads with Tim Geithner the incoming Treasury Secretary over the Citibank attempt to buy Wachovia so there is bad blood there….)

We are ECSTATIC that she is staying on at FDIC..

Read more about Chairman Sheila Bair in our previous posts on her work at FDIC, her incredible bio, and her mort mod plans in our previous posts here and here and here

FDIC BIO of Sheila C. Bair


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January 7, 2009. Tags: , , , , , , , , , , , , , . Economy, FDIC, Finance, Foreclosures, Hillary Clinton, Housing, Music, Obama Administration, Politics, Popular Culture, TARP, Unemployment Statistics, Wall St.

6 Comments

  1. Financial Regulatory Reform: Did Jamie Dimon stop the re-enactment of Glass-Steagall? « Moderate in the Middle replied:

    […] it seems again now, this time in keeping the FDIC mandate intact (which I wholeheartedly endorse, Sheila is the best, our other Treasury pick was Sheila Bair, and Sheila gets in Timmeh’s face and will not back […]

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  2. Did Jamie Dimon stop the re-enactment of Glass-Steagall? « Moderate in the Middle replied:

    […] it seems again now, this time in keeping the FDIC mandate intact (which I wholeheartedly endorse, Sheila is the best, our other Treasury pick was Sheila Bair, and Sheila gets in Timmeh’s face and will not back […]

    Like

  3. Breaking: No Government aid for CIT….Thursday Market Mover: Paulson on the Hill… « Moderate in the Middle replied:

    […] we love Sheila here at MiM (we wanted her or Jamie Dimon of JPMC for Treasury)and Timmeh was saying from Saudia […]

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  4. Memo to Team Obama: Two Top Bracket Picks for Secretary of Treasury: Sheila Bair and Jamie Dimon.. « Moderate in the Middle replied:

    […] Bair was our top pick for Treasury. We have covered her here Sheila Bair – FDIC […]

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  5. Geithner in the Hot Seat… « Moderate in the Middle replied:

    […] call it – “fix housing!- Duh!” here and here and  here and here and here and here and here and here and here and here and even […]

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  6. PEBO to keep Kashkari on for TARP…(Congressional Critters Heads explode/snark off) « Moderate in the Middle replied:

    […] our previous posts on Kashkari,  TARP, CITI here and here and here and here and even […]

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