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FDIC Chairman Says Critical Financial Reforms Needed

October 6, 2009 By Problem Bank List Staff Leave a Comment

In remarks to the International Institute of Finance, FDIC Chairman Sheila Bair cited the need for critical financial reforms that combine stronger regulation and market discipline.   Ms. Bair stated that the “first task” should be to scrap the “too big to fail” doctrine by establishing a new resolution mechanism to handle the failure of large […]

Filed Under: Bank Failure, FDIC, Financial regulation, Too Big To Fail Banks Tagged With: new FDIC resolution powers sought, Sheila Bair says end "too big to fail" doctrine

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