Bair Backs Higher Capital Requirements

13 May 2011

Sheila Bair, the chairman of the Federal Deposit Insurance Corp., has called for even higher capital requirements on large financial firms until they can present “a resolution plan [that is] credible.”

Sheila Bair, the chairman of the Federal Deposit Insurance Corp., has called for even higher capital requirements on large financial firms until they can present “a resolution plan [that is] credible.” In prepared testimony presented to the Senate Banking Committee, Bair, who is stepping down in July, also ...

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