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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 and Wall Street from Itself
Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself
Audiobook16 hours

Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself

Written by Sheila Bair

Narrated by Joyce Bean

Rating: 4.5 out of 5 stars

4.5/5

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About this audiobook

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 invested in repairing 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.
LanguageEnglish
Release dateMay 6, 2013
ISBN9781452682686
Author

Sheila Bair

Sheila Bair is the former Chairman of the FDIC (Federal Deposit Insurance Corporation). She has been covered—and lauded—everywhere from The New Yorker to The Washington Post to The Wall Street Journal, and in 2008 and 2009 Forbes named her the second-most powerful woman in the world. Prior to assuming her post at the FDIC, Bair served as assistant secretary for financial institutions at the US Department of the Treasury and as senior vice president for government relations of the New York Stock Exchange.

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Reviews for Bull by the Horns

Rating: 4.2727271818181825 out of 5 stars
4.5/5

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  • Rating: 5 out of 5 stars
    5/5
    If you want to understand the GFC from the point of view of the FDIC then this book is for you
  • Rating: 4 out of 5 stars
    4/5
    I read about this book on Tyler Cowen's blog and was interested in checking it out only to learn more about the Great Recession from another point of view. Bair is an accomplished writer and her storytelling focuses on the specifics and kept the extraneous info to a minimum. The book is interesting but very focused on policy and day to day operations of the FDIC which can wear the reader down after a while. She gives an excellent overview of the FDIC as well as some of the inner workings of government. She even manages to use some details from her personal life such as buying a new home to show both sides of the financial picture. This is an excellent but but be prepared for a very dense overview of one of the inner workings of one of the least understood parts of the government.
  • Rating: 5 out of 5 stars
    5/5
    I became fascinated by this topic as I watched and waited for SOME BANKER, ANY BANKER to get thrown in the pokey for the hideously deliberate destruction of the hopes and dreams of Americans wanting to own their homes by these greedy bastards. That's what Occupy Wall St was all about. No such luck so far but at least Sheila Bair and Elizabeth Warren were watching out for us and doing what they could. Great book, difficult topic if you are not a financeer but way worth it. Also fascinating indictment of Tim Geithner, good riddance to this craven apologist for the banking industry, who no doubt will go from being the fox guarding the henhouse to a hen.