● Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself
By Sheila Bair
Review via Real Clear Markets
In her new book, “Bull By the Horns,” former FDIC chairman Sheila Bair revisits a wide range of policy debates that occurred during her tenure from 2006 to 2011. Chairman Bair has appropriately received acclaim for having steered the FDIC through the crisis, and especially for being among the first to identify the foreclosure crisis and call for policy action to address the problem…. A succinct description of “Bull By the Horns” is that lots of mistakes were made during the crisis – by others. Current Treasury Secretary Timothy Geithner receives particularly vivid criticism, a feature of the book that is not surprising in light of the widely-known animus between the two officials.