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Former FDIC Head Sheila Bair: 'Covering Up for Citigroup's Problems' Drove Much of the Bailout
Business  (tags: bank bailouts, Sheila Bair, Elliott Spitzer, Citigroup, bailout, economy, scandals, Wall Street, QE3, bailout and hands slapped, little has changed )

Judy
- 819 days ago - current.com
Bair criticizes the way the bailout was handled by the Treasury Department. "A lot of this was being driven by covering up for Citigroup's problems."
Bank Profits Soar, Lending Falls As Banks Pay Next To Nothing For Funds
Business  (tags: Bank Bailout, Bank Lending, Bank Profits, Banks, Fdic, Federal Deposit Insurance Corp, Financial Crisis, Sheila Bair, The Financial Fix, Zirp, Business News )

Judy
- 1576 days ago - huffingtonpost.com
Bank profits jumped 21% last quarter to nearly $22 bil, the highest level in 3 years, as banks put away less money to cover future losses, fewer borrowers fell behind on payments and lenders paid the least for their funds in perhaps 50 years...
FDIC Chief Sheila Bair: Bailout Helps Banks, Does Little for Homeowners
Business  (tags: Sheila Bair, FDIC, bailout, banks, mortgages, brokerage firms, homeowners )

RC
- 2262 days ago - online.wsj.com
In a break with other top administration officials, the head of the Federal Deposit Insurance Corporation (that insures our bank savings up to a temporary limit of $250,000) sharply criticized the current bailout for institutionalizing its rescue efforts.
   

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