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#12 - FDIC and the Financial Crisis (feat. Sheila Bair, Former Chair of FDIC)
Sheila Bair, named the 2nd most powerful woman in the world by Forbes in 2008 and 2009, is a former Chair of the Federal Deposit Insurance Corporation (FDIC). She oversaw the organization from 2006-2011, notably during the Financial Crisis and its aftermath.
The FDIC, founded in 1933 as a part of the New Deal to restore confidence in the banking system, is one of two government agencies that supply deposit insurance to those who bank with American financial institutions. Prior to this role, Sheila had myriad roles in academia and a brief stint running for Congress. After retiring from the…
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