An FDIC Chair With Both Head and Heart
Over the years, since Operation HOPE's founding in April, 1992, I have met and dealt with several chairs and vice chairs of the FDIC (Federal Deposit Insurance Corporation). They have all been impressive people, and some are still good friends of mine, such as former chairman Don Powell. Good friends. That said, some of them were more attuned to the issues of the poor, the working class and the underserved than others. Some were market market oriented. All were intelligent, and seemingly well intention.
That said, there is one that stands out from all that came before her, and her name is Sheila Bair, pictured here with me following a 2007 community round table at our Anacostia HOPE Center, jist outside of Washington, D.C. Since meeting Chairwoman Bair I have not only grown to respect her intellect, but I like her as a person, and admire her integrity as a leader without personal agenda. Finally, she "gets" our work, more than almost anyone that has come before her in this post. She is the one FDIC chair that has brought a full compliment of the necessary talents to the job, and applied them. That includes how she and the FDIC have dealt with this ongoing and growing mortgage subprime crisis. I commend FDIC Chair Sheila Bair, my friend. She "gets it." Read on.





















