Tuesday, October 2, 2012

Sheila Bair Spills the Beans on Insider Operations

Former FDIC Chairman Sheila Bair is out with a new book, Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself, make no mistake Bair is a crony capitalist operative in her ownright, but she sure is willing to go after other operatives who aren't on her team, and is willing to tell all kinds of secrets.
DailyBail.com outlines what has been learned so far from Bair's book:
  • Citigroup and Merrill were both insolvent.
  • Bair wanted Volcker for Treasury Secretary.
  • Geithner loves Citigroup.
  • Goldman Sachs CEO Blankfein wasn't playing team ball until Bair called Buffet to complain.

1 comment:

  1. Oh the great Volker (a hush comes over the crowd). May I kiss the ground he walks on???

    Ever notice how Bair is just so tired in every interview? She has this kind of "poor, persecuted me against all the greedy men." Meanwhile her FDIC keeps the whole shebang going. Now she's got to pimp her own bs "solutions." You're no better darling.