Word: sheila
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What a difference a credit crunch can make. In the past year, the FDIC has become the most active dealmaker in the banking industry, taking over 25 banks in 2008, up from just three the year before, and auctioning them off to the highest bidder. Its chairwoman, Sheila Bair, who was early in warning about rising foreclosures, has become a key policymaker in helping resolve the nation's financial crisis. At her urging, Congress in October upped the limit on FDIC insurance, albeit temporarily, to $250,000 from $100,000. The agency is staffing up too, and plans to hire...
...think the FDIC and Sheila Bair for the most part have done a pretty good job," says Dean Baker, co-director of the Center for Economic and Policy Research. "They haven't had great results so far, particularly with loan modifications, but they have been focused on the right things...
...third runway may further undermine support for the government. For the villagers of Sipson, a Labour defeat at elections due by spring 2010 could yet save their homes since construction work isn't due to begin for at least five years. Still, nobody is banking on that outcome. Sheila Taylor, a pensioner who moved there in the 1930s, finds a very British way to look on the bright side. "I'll probably be gone by the time they start building," says the 77-year-old. "In a way, I hope that...
...Dixon, Sheila • refusal of to step down from Baltimore mayoralty after indictment of for perjury and theft...
...remains to be seen what role Lander and his colleagues from academia will play in the policy-making process though in their advisory positions. According to Harvard Kennedy School professor Sheila Jasanoff, Lander is more likely to be called upon to discuss scientific priorities or related controversies than to involve himself in day-to-day decision-making...