Sheila Bair is widely acknowledged in government circles and the media as one of the first people to identify and accurately assess the subprime crisis. Appointed by George W. Bush as the chairman of the Federal Deposit Insurance Corporation (FDIC) in 2006, she witnessed the origins of the financial crisis and in 2008 became—along with Hank Paulson, Ben Bernanke, and Timothy Geithner—one of the key players trying to repair the damage to our economy. Bull by the Horns is her remarkable and refreshingly honest account of that contentious time and the struggle for reform that followed and continues to this day.

A level-headed, pragmatic figure with a clear focus on serving the public good, Bair was often one of the few women in the room during heated discussions about the economy. Despite her years of experience and her determination to rein in the private banks and Wall Street, she frequently found herself at odds with Geithner. She is withering in her assessment of some of Wall Street’s finest, and her narrative of Citibank’s attempted takeover of Wachovia is a stinging indictment of how regulators and the banks worked against the public interest at times to serve their own needs.

Bair is steadfast in her belief that the American public needs to fully understand the crisis in order to bring it to an end. Critical of the bank bailouts and the Can. $29.99 lax regulation that led to the economic crash, she provides a sober analysis as well as a practical plan for how we should move forward. She helps clear away the myths and half-truths about how we ran our economic engine into the ditch and tells us how we can help get our financial and regulatory systems back on track.

As The New Yorker said, “Bair has consistently stood out for her skepticism of Wall Street and for her eagerness to confront the big banks. A Kansas Republican, she has become an unlikely hero to economic liberals, who see her as the counterweight to the more Wall Street–centric view often ascribed to Timothy Geithner, the Treasury Secretary” (July 6, 2009).

]]> http://www.banks.ca/banks/bull-by-the-horns-fighting-to-save-main-street-from-wall-street-and-wall-street-from-itself-2/feed/ 0 http://www.banks.ca/banks/why-i-left-goldman-sachs-a-wall-street-story/ http://www.banks.ca/banks/why-i-left-goldman-sachs-a-wall-street-story/#comments Fri, 21 Jun 2013 04:32:30 +0000 http://www.banks.ca/banks/why-i-left-goldman-sachs-a-wall-street-story/ http://www.banks.ca/banks/why-i-left-goldman-sachs-a-wall-street-story/feed/ 0 http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians/ http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians/#comments Thu, 20 Jun 2013 17:56:13 +0000 http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians/ http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians/feed/ 0 http://www.banks.ca/banks/how-wall-street-fleeces-america-privatized-banking-government-collusion-and-class-war/ http://www.banks.ca/banks/how-wall-street-fleeces-america-privatized-banking-government-collusion-and-class-war/#comments Sat, 15 Jun 2013 06:21:56 +0000 http://www.banks.ca/banks/how-wall-street-fleeces-america-privatized-banking-government-collusion-and-class-war/ http://www.banks.ca/banks/how-wall-street-fleeces-america-privatized-banking-government-collusion-and-class-war/feed/ 0 http://www.banks.ca/banks/fools-gold-how-the-bold-dream-of-a-small-tribe-at-j-p-morgan-was-corrupted-by-wall-street-greed-and-unleashed-a-catastrophe/ http://www.banks.ca/banks/fools-gold-how-the-bold-dream-of-a-small-tribe-at-j-p-morgan-was-corrupted-by-wall-street-greed-and-unleashed-a-catastrophe/#comments Wed, 12 Jun 2013 04:31:28 +0000 http://www.banks.ca/banks/fools-gold-how-the-bold-dream-of-a-small-tribe-at-j-p-morgan-was-corrupted-by-wall-street-greed-and-unleashed-a-catastrophe/ http://www.banks.ca/banks/fools-gold-how-the-bold-dream-of-a-small-tribe-at-j-p-morgan-was-corrupted-by-wall-street-greed-and-unleashed-a-catastrophe/feed/ 0 http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians-2/ http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians-2/#comments Wed, 05 Jun 2013 02:40:57 +0000 http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians-2/ http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians-2/feed/ 0 http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians-3/ http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians-3/#comments Mon, 03 Jun 2013 05:29:38 +0000 http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians-3/  
Beneath the veneer of stability that saw Canada's banking sector through the financial crash of 2008, investigative reporter Bruce Livesey has uncovered a rampant failure of epidemic proportions. Though no large financial institution has recently gone bust in this country, white-collar criminals, scam artists, Ponzi schemers and organized crime, from the Hells Angels to the Russian mafia, know that Canada is the place in the Western world to rip off investors. And the fraudsters do so with little fear of being caught and punished.
 
Thieves of Bay Street investigates Canada's biggest financial scandals of recent years. Readers will learn what banks do with investors' money and what happens when they lose it. They will meet the bogus investment gurus, the brokers who lose money with both reckless abandon and impunity, the bankers who squander money in toxic investments, the lawyers who protect them and the regulators who do nothing to keep them from doing it again. And most importantly, they'll meet the victims who are demanding that our vaunted banking sector finally come clean on its dirtiest secret.


From the Hardcover edition.]]> http://www.banks.ca/banks/thieves-of-bay-street-how-banks-brokerages-and-the-wealthy-steal-billions-from-canadians-3/feed/ 0 http://www.banks.ca/banks/too-big-to-fail-the-inside-story-of-how-wall-street-and-washington-fought-to-save-the-financialsystem-and-themselves/ http://www.banks.ca/banks/too-big-to-fail-the-inside-story-of-how-wall-street-and-washington-fought-to-save-the-financialsystem-and-themselves/#comments Thu, 23 May 2013 15:04:06 +0000 http://www.banks.ca/banks/too-big-to-fail-the-inside-story-of-how-wall-street-and-washington-fought-to-save-the-financialsystem-and-themselves/ http://www.banks.ca/banks/too-big-to-fail-the-inside-story-of-how-wall-street-and-washington-fought-to-save-the-financialsystem-and-themselves/feed/ 0 http://www.banks.ca/banks/backstage-wall-street-an-insiders-guide-to-knowing-who-to-trust-who-to-run-from-and-how-to-maximize-your-investments/ http://www.banks.ca/banks/backstage-wall-street-an-insiders-guide-to-knowing-who-to-trust-who-to-run-from-and-how-to-maximize-your-investments/#comments Wed, 22 May 2013 11:18:30 +0000 http://www.banks.ca/banks/backstage-wall-street-an-insiders-guide-to-knowing-who-to-trust-who-to-run-from-and-how-to-maximize-your-investments/ http://www.banks.ca/banks/backstage-wall-street-an-insiders-guide-to-knowing-who-to-trust-who-to-run-from-and-how-to-maximize-your-investments/feed/ 0 http://www.banks.ca/investment/modern-security-analysis-understanding-wall-street-fundamentals-wiley-finance/ http://www.banks.ca/investment/modern-security-analysis-understanding-wall-street-fundamentals-wiley-finance/#comments Tue, 21 May 2013 06:57:44 +0000 http://www.banks.ca/investment/modern-security-analysis-understanding-wall-street-fundamentals-wiley-finance/ A legendary value investor on security analysis for a modern era

This book outlines Whitman's approach to business and security analysis that departs from most conventional security analysts. This approach has more in common with corporate finance than it does with the conventional approach. The key factors in appraising a company and its securities: 1) Credit worthiness, 2) Flows—both cash and earnings, 3) Long-term outlook, 4) Salable assets which can be disposed of without compromising the going concern, dynamics, 5) Resource conversions such as changes in control, mergers and acquisitions, going private, and major changes in assets or in liabilities, and 6) Access to capital.

• Offers the security analysis value approach Martin Whitman has used successfully since 1986
• Details Whitman's unconventional approach to security analysis and offers information on the six key factors for appraising a company
• Contains the three most overemphasized factors used in conventional securities investing

Written by Martin J. Whitman, Modern Security Analysis meets the challenge of today's marketplace by taking into account changes to regulation, market structures, instruments, and the speed and volume of trading.]]> http://www.banks.ca/investment/modern-security-analysis-understanding-wall-street-fundamentals-wiley-finance/feed/ 0