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![]() Entries tagged "Sheila Bair"And now for the main courseA year after the worst financial meltdown since the 1920s, capital markets are giving the country's banks a vote of confidence. Whether that turns out to have been a good idea or not, the surge in capital raising, combined with a stream of bank seizures and generous terms offered by the government to acquirers, is prompting a consolidation wave that could rival any on record. Alpha male eats crowGeithner yells at bank regulators, but they keep opposing the administration's overhaul plans anyway. Big, bigger and too bigArguments proliferate about just how large a financial sector the U.S. should be. The scrap heap of history?Amid widening dismay over the bailouts, there is a continuing chorus of economists calling for full nationalization of failing financial institutions. Unimpartial arbitersHow the FDIC helped sell Wachovia to Citigroup and then helped sell it to Wells Fargo. Raising the duesThe FDIC calls on banks to rebuild the deposit insurance fund. How much they pay depends on the riskiness of their business. The failure optionThe FDIC is taking over more failing banks, and here's where the money comes from. | ||||||||||||||||
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