Monday, December 14, 2009

Sheila Bair Begs For More Bank Failures

One might think that 159 bank failures in the last two years would be the primary concern to Sheila Bair. http://www.bloomberg.com/apps/news?pid= ... FTChMZYuYs

Unfortunately, that is not the case as noted by Bloomberg in FDIC's Bair Concerned Banks Making Only 'Safest Loans,' Urges More Lending

Federal Deposit Insurance Corp. Chairman Sheila Bair said she’s “concernedâ€