“During the summer of 2011 Sheila Bair stepped down as chairman of the FDIC and set herself to work on a tell-all book on the financial crisis. Bair’s book, Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself, was released in late September. As part of the promotion of the book she had an interview with The Wall Street Journal during which, consistent with her public reputation, she confided that she ‘hates bailouts.’ However, a careful study of board minutes, supporting memos, and transcripts of FDIC board meetings during the crisis reveals a different reality.”
http://www.independent.org/newsroom/article.asp?id=3473
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
A congressional speech on the centennial of the Expatriation Act of 1868
Let’s shatter the myth on Glass-Steagall
Jeffrey Tucker: Mises Can Save the World
‘Data is the new oil’: Tech giants may be huge, but nothing matches big data
David Galland: The Other Side of the Wall
5 Issues That Prove Ron Paul is Ahead of His Time
The Top 6 Reasons Why Everyone Needs a Second Passport
Our Legacy Systems: Dysfunctional, Unreformable
Bill Bonner: How I Explained Bitcoin to My 94-Year-Old Mother
The Worst Inflation in My Lifetime
Memory's Half-Life: A Social History of Wiretaps
A Common-Sense View of the Stock Market
The Holocaust, the West, and the Lost Caribbean Shelter
Reevaluating Drug Courts: No Mother Should Have to Go Through What I Did
Hubris Isn't the Half of It