I am not a Huffington Post fan, but this caught my eye. If it is a duplicate please remove - I looked but didn't find any earlier articles.

FDIC Chief Got Bank of America Loans While Working On Its Rescue

Agency Grants Sheila Bair Retroactive Ethics Waiver on Mortgages


Federal Deposit Insurance Corporation Chair Sheila Bair testifies on Capitol Hill last October. (AP Photo/Haraz N. Ghanbari)

Sheila Bair, one of the chief regulators overseeing Bank of America’s federal rescue, took out two mortgages worth more than $1 million from the banking giant last summer during ongoing negotiations about the bank’s bailout and its repayment.

In the weeks between the closings on her two mortgage loans, Bair met with Bank of America’s chief negotiator in the bailout talks.

To avoid conflicts of interest, the Federal Deposit Insurance Corp., which Bair heads, prohibits employees from participating in “any particular matterâ€