DOWNLOAD PDF ☆ Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself - by Sheila Bair

Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself By Sheila Bair,

  • Title: Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself
  • Author: Sheila Bair
  • ISBN: 9781451672480
  • Page: 323
  • Format: Hardcover
  • Bull By The Horns Fighting To Save Main Street From Wall Street, by Bair, Sheila
    Bull by the Horns Fighting to Save Main Street from Wall Street and Wall Street from Itself Bull By The Horns Fighting To Save Main Street From Wall Street by Bair Sheila

    One thought on “Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself”

    1. By Antony CurrieThere is one clear and simple message from Bull by the Horns, Sheila Bair s account of her five years in charge of the U.S Federal Deposit Insurance Corp financial regulators still need a good kick up the backside Bair is not one to pull her punches she delivers her poor opinion of several financial CEOs in the first couple of pages of her tell all, and doesn t stop there in her critiques of America s banking system Much of her ire, though, is reserved for fellow watchdogs, almos [...]

    2. Fascinating read about the 2008 housing crisis and aftermath as seen through the eyes of the then FDIC chair It was refreshing to see a government official that knows exactly what her job is, makes efforts to make complicated jobs under her aegis easier to do and better understood by the public, and knows who she ultimately works for the people Plenty of good advice about what can and should be done to ensure that taxpayers don t end up bailing out the too big to fail banks that take un leverage [...]

    3. Sheila Bair s book is simple and direct The Global Financial Crisis GFC of 2008 was an inherently complex affair and the responses to deal with it were equally complex and controversial This book is user friendly and tries to demystify the arcane matter Sheila s approach to regulation and rule making has been led by common sense with the interest of home owners and main street at heart Sheila has been critical of the actions of officials in the collegium of regulators Especially at the receiving [...]

    4. Really interested in reading this, but what a horrible cover Who was responsible for that When I saw the little preview icon of it, I honestly thought I must be mistaken and I hadn t found the correct book, because it looked like the cover of a steampunk novel.

    5. This is probably the best memoir written about the financial crisis and believe me, I have read them all It s not the easiest read nor is it all that accessible to those without some financial background, but it s such an honest background And man does she hate Geithner But really, it s about the fundamental difference between regulators Treasury is political and FDIC has skin in the game So of course she was cautious and Geithner wanted to save all the banks She also reveals the sexism in finan [...]

    6. I enjoyed the author s account of her time in Washington during the financial crisis As other reviewer s have mentioned, she writes clearly and directly and gives the reader an understanding of the difficulty a Republican public servant had in a supposedly pro consumer Democratic administration Two important conclusions offered tongue in cheek is that she is not a customer of Citibank she absolutely eviscerates Citibank s management and thinks that Tim Geithner is the anti christ of an effective [...]

    7. In Bull by the Horns, Shelia Bair introduces the reader to the key players that will dominate the pages to come, and sets the scene a refresher for some for the greatest financial meltdown that will plague our financial system since the Great Recession Regardless of politics, and Bair makes many attempts to remind you that she is a credible conservative a Bush II appointee , she artfully explains the crisis from the perspective of the FDIC The FDIC can be seem as the ugly step sister or the runt [...]

    8. Solid, fascinating account of the politics and decisions made during the financial crisis from the perspective of the head of the FDIC I thought reading this book would make me mad It did not It made me furious Sheila pulls no punches and names names, including poorly managed institutions, individuals and agencies who worked at cross purposes All the dysfunction and infighting you re familiar with at your own company Imagine that on a government wide scale, with an industry that has most of the [...]

    9. A great, surprisingly candid recap of the financial crisis by the former head of the FDIC It offers a good picture of how both functional and dysfunctional our government can be and why I didn t really like the title though I might have gone for something that hit accurately on the main thrusts of the book Suggestion 1 Why I want to Bash Tim Geithner s Head in with a Two hole Punch She really let s Tim have it in this book, exposing him as the corporate shill he appears to be She really has lit [...]

    10. Written by a former FDIC head, this book is a very sobering and detailed look at, generally, the banking system in the U.S and specifically, the subprime debacle, the practice of securitization, the home mortgage lending industry, and the difficulty FDIC, the Federal Reserve, the Treasury Dept, and a couple of banking regulation organisations had in working together to try to solve the problems I particularly appreciated the explanations of subprime mortgages and securitization less interesting [...]

    11. Very very informative Distressingly accurate Makes you want to slap people, hard And it makes you realize that at any moment in time, as time goes by, there are indeed people with a clear picture of what can go wrong But people pretend to take their wishful thinking, against the downside, to be as prudent as anyone need be Kinda makes you want to short everything.

    12. I am not sure what I think about this book On the one hand, the book is a good recounting of Sheila Bair s time as the head of the FDIC and of the problems she confronted It also gives you very deep insight into her personality and the way she operated She was very definitely a guardian of the FDIC and what she saw as its functions It also provides very good insight, almost too much insight into her personality Like her, I am decidedly not a fan of the banks that were too big to fail and I agree [...]

    13. This book, published in 2012, chronicles Bair s tenure as head of the Federal Deposit Insurance Corporation, the regulatory agency that insures our bank deposits and has authority to close, wind down the business and sell banks that are failing The book covers her taking over the agency in 2006 and her subsequent 5 year term ending in 2011 This was the period that saw the run up to the recession and all the subsequent financial failures, bailouts and recession.The book is a tell all and essentia [...]

    14. I liked this audiobook a lot I m impressed by Sheila Bair I m surprised she s a Republican she seems much progessive than that The only part I didn t like is towards the end where she starts talking about the deficit she trots out the usual deficit scold nonsense.Narrated by Joyce Bean16 hrs and 48 minsPublisher s SummarySheila 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 Bu [...]

    15. Weighty reading about the 2008 financial crisis that follows the backroom politicking and bailouts by the numbers and policy Sheila Bair, the former FDIC chairperson, exposes the hypocrisies of a powerful male banking clique that appears resentful of a nonpartisan voice demanding reigning in special favors to the people and systems that caused the economic meltdown Banking regulators like the FED, OTC, OCC, even the Treasury department are described as consistently giving preference to big finan [...]

    16. What a tough minded person This interesting book provide a specific insides perspective on the financial crisis from the vantage point of one regulator From the outside the US looks to have a hodge podge of regulators, all of them subject to having congress layer on roles, and rules, and constraints.The FDIC, mainly charged with insuring deposits of US banks, looks like the natural home for the most down to earth of regulators They will want to ensure that banks are safe and sound and that the r [...]

    17. I ve read several books on the financial crisis and thought this book did a good job of explaining the role of the FDIC, interagency debate and conflict, and what it s like to be involved in managing a crisis among government decision makers What I didn t like was her almost vendetta against Timothy Geithner She brought up his wrong decisions, lack of leadership, lack of commitment to the mission of the NY Fed and subsequently the mission of the US Treasury, and lack of integrity I think she cou [...]

    18. If you don t understand the problem, you definitely won t understand the solution Though I can t quite remember to whom I owe credit for this quote, I can tell you with absolute certainty which of the multiple books I ve read on the collapse and recovery of our banking and economic system does the best job of explaining both the problems that led to our economic crisis, as well as the attempted solutions, mostly regulation, to make sure we don t find ourselves there again In an interesting juxta [...]

    19. I was able to read only 60% of this, because I got tired of Bair s sanctimonious diatribes against Tim Geithner and, to a lesser extent, the others who plowed bold ground to save us from financial Armageddon in 2008 09 She viewed her role as head of the FDIC narrowly and was a stickler for the rules, which wasn t the approach required when the walls and bridges were burning down so thank goodness she was left out of the loop in most of the critical decision making done by Geithner, Bernanke and [...]

    20. Don t read this book if you think the OCC did a bang up job of regulating the big banks prior to the financial crisis If you think Tim Geithner was the best Treasury Secretary we ve every had, you should seek professional help, but you also shouldn t read this book In Bull by the Horns Fighting to Save Main Street from Wall Street and Wall Street from Itself, Sheila Bair describes an FDIC trying to strengthen oversight of the financial system only to be fought at every turn by the OCC, which she [...]

    21. Ms Bair served as head of FDIC for four years under W and one year under O This book has a wee bit of Ms Bair s history, and a great dollop of the in fighting she encountered from the Fed and from Treasury This was, we should recall, the time just before and just after the great sub prime mortgage collapse The issues causing the collapse received some attention, even though the focus was on financial reform, opposed tooth and nail by the now rather discredited if you read the financial news on R [...]

    22. The saga continues Big financial institutions continue to have spectacular failures The housing market still has not recovered Despite the most accommodative monetary policy in history, the economy is struggling to recover under crippling fiscal austerity Shelia Bair s insider s view of the 2007 financial crisis is an honest insightful account of a self inflicted economic tragedy Taxpayers continue to suffer because two Treasury Secretaries, Paulson and Geithner, bailed out investment banks and [...]

    23. This is worth reading even though Sheila Bair spends 1 2 the book railing against financial executives, fellow regulator heads and everyone else outside the FDIC She breaks down the financial crisis into pretty basic parts and explains the roles of the servicers, brokers, banks, investors, regulators, and consumers Her ability to speak in simplistic terms makes this book easy to read and understand At times, she glosses over significant issues and places the blame on investors even though these [...]

    24. I thoroughly enjoyed this book, which provided a different viewpoint regulatory viewpoint of the makings of the Great Recession as well as how financial regulatory matters were handled during and after the recession I ve read other books, including The Big Short, which details the crisis from the big banks and derivatives side of things, and this book nicely compliments The Big Short as well as other books covering the topic The only drawback to this book, in my opinion, is the focus of Sheila p [...]

    25. While anyone could pick this up and with a bit of concentration understand what was going on, effort will likely be required to catalog both bureaucratic acronym FDIC, OCC, TARP, FHFA and people and companies Emphasizing the decision making process of the 2008 bank bail out, it was an eye opening account for me and I have developed a strong dislike for Tim Geitner.Note to Sheila Bair First thank you for writing the book, I really enjoyed it and second please include an list of major actors and a [...]

    26. This is a detailed treatment of the causes of the financial crisis and especially the facts, and follies, of the ensuing bailouts Baer was Assistant Secretary of the Treasury for Financial Institutions from 2001 to 2003, and then during the crisis and bailout periods chaired the Federal Deposit Insurance Corporation, one the main federal financial regulatory agencies She tells all and spares nobody Read what she thinks of Geithner, Bernanke and, for example, the recently deposed head of Citigrou [...]

    27. I found this book to be extremely comprehensive, it filled out the form of the larger range of players who contributed to the 2008 banking crisis Offered is further data as to just how comprehensive the control is of those who support unrestricted banking for those larger entities.The consumer beware is hardly the point it s so what if the consumer is aware That is the state as described by Sheila Bair who was in a key position to see this bais first hand.I recommend this book for anyone who wan [...]

    28. In Bull by the Horns Sheila Bair recounts her experience as FDIC chair from 2006 to 2011, a messy time for Washington and the banking industry Bair comes out swinging rightly so at Tim Geithner and Citigroup, and her suggestions at the end of the book for fixing the system are perfect Let me list a few of her ideas here Raise capital requirements Maintain the ban on bailouts Break up the megabanks Require an insurable interest for credit default swaps Impose an assessment or tax on large financi [...]

    29. The first half of this book provides an interesting look at how things played out during the great recession , from the viewpoint of one player It s interesting and useful to see some of the dynamics behind the way government works The second half of the book was less interesting, and I gave up at the 80% mark I did not read Bair s prescriptions for what long term changes the country ought to adopt, so I cannot comment on thatbut, I m pretty sure it would be a conservative but statist approach.

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