Isabel Santamaria thought she finally caught a break in her effort to save her Florida home from foreclosure after nine frustrating months: She reached Bank of America Corp.’s Office of the CEO and President.
U.S. Treasury Secretary Timothy F. Geithner resisted Sheila Bair’s efforts to replace Vikram Pandit as chief executive officer of Citigroup Inc. in early 2009, according to her memoir of the financial crisis.
U.S. lawmakers could harm the financial system if they fail to give regulators money and power to implement the Dodd-Frank Act, Federal Deposit Insurance Corp. Chairman Sheila Bair told lawmakers at a hearing in Washington.
U.S. regulators can prevent a repeat of the financial crisis that toppled Lehman Brothers Holdings Inc . if they fully apply new authority granted by lawmakers, Federal Deposit Insurance Corp. Chairman Sheila Bair said.