Temperatures will continue to fall over the next few days

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Former FDIC chair Sheila Bair spoke recently about the lessons of the 2008-09 financial crisis and says the bailouts were far too generous, too uneven, and didn't impose enough pain and accountability. 


Bair also said these factors create cynicism and establish the wrong incentives for investment and saving. 


Sheila Bair spoke at the Hendrickson Institute for Ethical Leadership Forum at St. Mary's University of Minnesota.

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Former FDIC chair Sheila Bair speaks about the lessons of the 2008-09 financial crisis and says the bailouts were far too generous, too uneven, and didn't impose enough pain and accountability. She also said these factors create cynicism and establish the wrong incentives for investment and saving. Sheila Bair spoke at the Hendrickson Institute for Ethical Leadership Forum at St. Mary's University of Minnesota.

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