Sheila Bair: Get Rid Of Fannie Mae And Freddie Mac

Forbes named her the second most powerful woman in the world in 2008 and 2009. Said to be “thoughtful, practical, independent-minded—a straight shooter with political savvy” (in the words of Steven Pearlstein, Pulitzer-prize winning Washington Post columnist), Sheila Bair was the chief of the Federal Deposit Insurance Corporation (FDIC) when the financial crisis unfolded in 2008. Along with Hank Paulson, Ben Bernanke and Timothy Geithner, she was a part of the A-team that engaged with the massive economic challenges from the financial meltdown.

Sheila Bair sparring with the big banks and...

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