Peter Z. Scheer / TruthdigFeb 6, 2014
As head of the FDIC, Sheila Bair was one of the best known critics of banks. Now she works for one. So when is a revolving door not a revolving door? Dig deeper ( 2 Min. Read )
By Ellen Brown, Web of DebtApr 30, 2013
The new rules for keeping the too-big-to-fail banks alive allow for the use of creditor funds, including uninsured deposits, to recapitalize failing banks. In the event of another crisis, access to your money would depend on the security of the FDIC. The question, then, is how reliable is the FDIC? Dig deeper ( 7 Min. Read )
Alexander Reed Kelly / TruthdigJan 12, 2013
Companies hired to spot wrongful foreclosures made more than $1 billion in a review process that was ultimately scuttled. Meanwhile, banks prepare to divide a $3.3 billion settlement between nearly 4 million borrowers without identifying who needs the money most. Dig deeper ( 3 Min. Read )
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Robert Scheer / TruthdigNov 9, 2012
Election night was a heck of a party, but morning in America already feels too much like a hangover. Dig deeper ( 3 Min. Read )
Alexander Reed Kelly / TruthdigOct 14, 2012
Few voices in the regulatory community called for the expulsion of derelict executives and the means to force banks to lend bailout money to the public amid the 2008 financial crisis. Former FDIC Chairman Sheila Bair was among them.Few voices in the regulatory community called for the expulsion of derelict executives and the means to force banks to lend bailout money to the public. Dig deeper ( 3 Min. Read )
Staff / TruthdigOct 6, 2012
The presidential campaign got a jolt this week with an uplifting jobs report and a big debate win for Mitt Romney. The falling unemployment numbers released Friday have skeptics wondering whether unemployment could have dropped 0.3 percentage points last month, just in time for President Obama's campaign to tout it. The "Left, Right & Center" panelists dissect the implications of these matters and more on this week's program. Dig deeper ( 1 Min. Read )
Robert Scheer / TruthdigOct 5, 2012
The presidential debate this week was much ado about nothing, and Mitt Romney beat Barack Obama because he was more energetic in distorting the significance of their miniscule differences.The presidential debate this week was much ado about nothing. Dig deeper ( 4 Min. Read )
Robert Scheer / TruthdigJun 10, 2009
You probably don’t know much about Sheila Bair, but she is looking out for you, and that is why the big guys on Wall Street and their allies in the Obama administration are out to get her. Dig deeper ( 4 Min. Read )
Staff / TruthdigMar 29, 2009
There has been much hand-wringing, not to mention finger-pointing, regarding who knew what, and when, about the financial calamities that have recently come to pass. However, Brooksley Born and Sheila Bair won't be counted among the willfully or accidentally ignorant: They've been named this year's winners of the JFK Profile in Courage Award for sounding the alarm far ahead of time. Dig deeper ( 2 Min. Read )
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