Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself by Sheila Bair
Description
Providing a fascinating memoir from a former FDIC Chairwoman during the biggest crisis since the Great Depression in the U.S., Sheila Bair’s “Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself” turns the spotlight to the regulations and policies that have become standard in the American government.
An inspiring angle that presents a bureaucrat’s struggle to influence fellow FDIC members to serve and protect the public good in a time when the economy was felt to be damaged beyond repair. Exposing the questionable alliances between FDIC regulators and Wall Street, Bair’s “Bull by the Horns” gives the reader an idea about how ‘out-of-control’ the system had become.
About the Author
Sheila Bair is a renowned and former Chairman of the FDIC (Federal Deposit Insurance Corporation). Dubbed by Forbes as the most powerful woman in the world in 2008 and 2009, she also has been featured in publications such as The New Yorker, The Washington Post, and The Wall Street Journal. Before her position in FDIC, she served as assistant secretary for financial institutions at the US Department of the Treasury and as senior vice president for government relations of the New York Stock Exchange.
Table of Contents
- Prologue
- The Golden Age of Banking
- Turning the Titanic
- The Fight over Basel II
- The Skunk at the Garden Party
- Subprime in “Contained”
- Stepping over a Dollar to Pick Up a Nickel: Helping Home Owners, Round One
- The Audacity of that Woman
- The Wachovia Blindside
- Bailing Out the Boneheads
- Doubling Down on Citi: Bailout Number Two
- Helping Home Owners, Round Two
- Obama’s Election: The More Things Change…
- Helping Home Owners, Round Three
- The $100 Billion Club
- The Care and Feeding of Citigroup: Bailout Number Three
- Finally Saying No
- Never Again
- It’s All About the Compensation
- The Senate’s Orwellian Debate
- Dodd-Frank Implementation: The Final Stretch (or So I Thought)
- Robo-Signing Erupts
- The Return to Basel
- Too Small to Save
- Squinting in the Public Spotlight
- Farewell to the FDIC
- How Main Street Can Tame Wall Street
- It Could Have Been Different
- Epilogue
- Notes
- Acknowledgements
- Index
