Interview w/ Sheila Bair, Chair, Federal Deposit Insurance

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Uploaded by on Feb 22, 2008

Interview with Sheila C. Bair, Chair, Federal Deposit Insurance Corporation, at the 2008 'State of the Valley' Conference, San Jose, CA.

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  • Celebrated investor Warren Buffett has spoken of Ms. Bair with great admiration and respect -- specifically with respect to her actions in the recent crisis. She is certainly an impressive communicator.

  • she is a worthless crack that wont disclose the banks on the watch list, where are the trial lawyers to demand full disclosure, the public has a right to know!!!

  • She's been a great Chairperson for the FDIC!!!

  • Now almost half of all bank assets are mortgages on land and houses. That's up from just over 40% five years ago. That's because of the huge boom in house prices and the bank lending that went with it.

    Banks now have NZ$148.3 billion of mortgages. That's double what it was 5 years ago.

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