Posted by & filed under Uncategorized.

Description: Federal Deposit Insurance Corp. Chairman Sheila Bair said using the Troubled Asset Relief Program to pump capital into banks was “not a good idea” and helped erode confidence in the regulatory system.

Source: Bloomberg.com

Date: 11/14/2009

Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=ajKGz8NRQipM

Questions for discussion: 

  • Do you agree with the concerns expressed by Sheila Bair?
  • What alternatives exist for the banks involved?

Leave a Reply

Your email address will not be published. Required fields are marked *