IndyMac Depositors » Sheila Bair

The Press Responds to Sheila Bair – Town Hall | LA

Lisa — Sat, 31 Oct 2009 21:39:30 +0000

The press was out in force to hear Sheila Bair’s presentation at Town Hall | LA on October 27, 2009

Here are their reports:

E. Scott Reckard – FDIC’s Bair offers no comfort to uninsured IndyMac depositors {LA Times}

Karl Denninger – The FDIC Must Be Indicted {The Market Ticker}

Natalie Dolce – FDIC Chairwoman: ‘Too Big to Fail’ Must End {GlobeSt.com}

Jane Sasseen – The FDIC’s Sheila Bair: “There Will Be Losses” {Business Week}

Be sure to read all four stories!

FDIC’s Bair offers no comfort to uninsured IndyMac depositors

Lisa — Fri, 30 Oct 2009 18:09:08 +0000

Town Hall LA held its latest “Industry Outlook Briefing” on Wednesday, Oct 28. Shiela Bair, Chairman of the FDIC was the keynote speaker. A group of IndyMac Depositors were in attendance and were allowed to ask questions of the Chairman. E Scott Reckard of the LA Times was also in attendance and published the following story yesterday:

FDIC’s Bair offers no comfort to uninsured IndyMac depositors

The head of the Federal Deposit Insurance Corp. delivered some bad news personally to uninsured depositors who lost money last year when IndyMac Bank crashed and burned, saying an act of Congress is their only hope for recovering their funds.

Read the full story here.

Eggs…..and Sheila Bair: Breakfast with Town Hall, Los Angeles

Lisa — Tue, 27 Oct 2009 05:50:22 +0000

It’s breakfast Wednesday morning, Oct 28, 2009 with FDIC Chairman Sheila Bair as the Keynote speaker.

See the story below from MarketWire and get your tickets if you want to join us.

LOS ANGELES, CA–(Marketwire – October 22, 2009) – An “Industry Outlook Briefing and Conversation with Chairman Bair” will be the focus of a TOWN HALL Los Angeles event hosting Sheila C. Bair, Chairman, Federal Deposit Insurance Corporation (FDIC) on Wednesday, October 28, 2009, at The Regency Club. Bair will shed light on the present economy and financial system and take questions from the audience of Angelenos.

Among the FDIC’s current priorities, Bair has stated, “Resolution authority is clearly at the top of our list. Too big to fail needs to end.” Bair was sworn in as the 19th Chairman of the FDIC on June 26, 2006. She was appointed Chairman for a five-year term, and as a member of the FDIC Board of Directors through July 2013.

Prior to joining the FDIC, she was the Dean’s Professor of Financial Regulatory Policy for the Isenberg School of Management at the University of Massachusetts-Amherst. While there, Bair served on the FDIC’s Advisory Committee on Banking Policy. In 2009 she was named one of TIME Magazine’s 100 most influential people. In 2008, Chairman Bair topped The Wall Street Journal’s annual “50 Women to Watch List.” That same year, Forbes Magazine named Ms. Bair as the second most powerful woman in the world after Germany’s Chancellor Angela Merkel.

Throughout its history, TOWN HALL has hosted numerous leaders in the world of finance, including Christopher Cox, Chairman, US Securities and Exchange Commission; Janet Yellen, President and CEO of the Federal Reserve Bank of San Francisco; Comptroller General of the United States David Walker; and NASDAQ CEO Bob Greifeld.

One the Top 10 Leadership Forums in the nation, TOWN HALL Los Angeles has been a nonprofit, nonpartisan membership organization since 1937, supported by Angelenos, foundations and corporations who believe in open public discussion. We advocate for no side, represent no particular ideology and stand solidly in support of free speech, civility and a belief that knowledge is a priceless commodity. To learn more, visit www.townhall-la.org.

Is Sheila Bair jinxed??????

Lisa — Thu, 22 Oct 2009 06:14:51 +0000

Sheila Bair, widely lauded for her cool regulatory head amid crumbling financial markets and a rising tide of bank failures, says she should stay out of government jobs. She said she’s jinxed.

Read the full story here.