FDIC’s Bair Says Keep Derivatives Trading Within Banks
By Annie Lowrey |
05.03.10 | 8:11 am
On Friday, Sheila Bair — the head of the Federal Deposit Insurance Corporation, which performs banking oversight and consumer protection as well as guaranteeing most bank deposits — wrote a letter to Sen. Chris Dodd (D-Conn.) and Sen. Blanche Lincoln (D-Ark.) urging them not to force banks to spin off More…
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