Where is Sheila Bair?

by Russ Roberts on November 30, 2011

in Podcast

If anyone knows how I can reach Sheila Bair, it would be much appreciated. I’d like to interview her for EconTalk…

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{ 21 comments }

Jon Murphy November 30, 2011 at 2:55 pm

If I pretend to be Sheila Bair, can I be on Econtalk? :-P

Methinks1776 November 30, 2011 at 4:12 pm

Excellent! We have completely corrupted you :)

mark November 30, 2011 at 3:01 pm

That would be an interesting interview. She was on 60 Minutes a few years back discussing the bank bailouts.

Brad November 30, 2011 at 3:09 pm
Matt November 30, 2011 at 3:28 pm

Russ needs to do a little more proofreading.

Russ Roberts November 30, 2011 at 3:54 pm

Fixed. Thanks.

Charlie November 30, 2011 at 6:56 pm
jorod November 30, 2011 at 8:51 pm

I just saw her coming out of Herman Cain’s hotel room…..

Greg Webb November 30, 2011 at 9:14 pm

LOL!

Herman Cain December 1, 2011 at 9:58 am

That’s a lie.

Jon Murphy December 1, 2011 at 10:03 am

You were coming out of her hotel room? :-P

vikingvista December 1, 2011 at 8:04 pm

I thought that’s what they were doing inside the hotel room.

muirge0 November 30, 2011 at 9:15 pm

The video included in this piece is one of the creepiest things that tells me we should all be joining in on OWS. It summarizes the situation and basically if we all sit back and let it happen I guess we get what we deserve.

http://www.nytimes.com/2008/10/03/business/03sec.html?em=&pagewanted=3

Economic Freedom December 1, 2011 at 7:13 am

You’re a couple of french fries short of a Happy Meal, my friend.

Tim November 30, 2011 at 11:08 pm

Thanks for posting the video on the rule change in 2004. Chris Cox really did a fine job.

GAAPrulesIFRSdrools December 1, 2011 at 10:58 am

Oh here’s a shocking story from the old grey whore.

The same SEC and the federal securities regulation that it spearheads that missed Studebaker, Chrysler (I &II), Global Crossing, Enron, Bernie Madoff,et al, but nailed that mega-fraudster Martha Stewart-was just hobbled by one bad commissioner.

Yet, there’s no evidence nor reasonable evidence that the same SEC, still pursuing the double-entry abomination known as IFRS and pushing XBRL as a solution in search of a problem, would have rode in on a white stallion if but for the evil hobbit, Chris Cox.

Cox was wrong on options expensing, but how could he be right? After all, he’s a lawyer, not an accountant. He was wrong a lot, just like prior SEC chairs were, and future SEC chairs will be, because they’ll always be lawyers dedicated to creating regulations, a lot of regulations, because the purpose of the SEC is to employ attorneys, because nobody can “protect” capital markets from fat-tailed moves.

But here’s the real news, the SEC is a bloated and feckless exercise in hand waiving. Always was, always will be. I remember working with one attorney who had a prospectus returned because of the placement of staples. Cox made political enemies by threatening the power, prestige and status of these bureaucrats.

But the disgruntled know they have stupid acolytes in the media who haven’t the slightest grasp of business or economics because they are stupid little statists who have a knee-jerk reflex that regulation is good and more is better. They know the lame stream media will eagerly disseminate their narrative to even more economically ignorant echo-chambered drones who’ll lap it up like a cat at the last saucer of cream on earth.

In the meantime, we’ll be looking for the old grey whore’s story on how Obama ignored the “going concern” (i.e., look these guys are going to go swirling down the commode) warning issued by Solyndra’s auditor and how this, combined with the connection of certain Solyndra officials to Obama’s campaign amounts to an impeachable offense.

GAAPrulesIFRSdrools December 1, 2011 at 11:02 am

That was a response to Muirbot, not Tim, since muibot had the NYT link.

Mr. Bankerman December 1, 2011 at 12:21 am

Like interviewing the baker on Pudding Lane about The Great Fire…

I bet if you ask her she had nothing to do with the senseless chaos of Autumn ’08. Just because under her watch we suffered a complete meltdown due to a crisis so mild that the US banking system had pre-provision income in excess of net charge-offs plus securities losses each and every quarter, that doesn’t mean that she is inept or incompetent. Right?

Chucklehead December 1, 2011 at 12:39 am

What is your typical Econtalk download rate? 1,000, 10,000, 100,000?

Maximum Liberty December 1, 2011 at 10:00 am

Russ:

Check in your bank account. I’m pretty sure she’s there.

Max

Karthik Shankar December 1, 2011 at 6:54 pm

You could try contacting Fortune (letters@fortune.com), she is now a (staff?!) writer for Fortune Magazine…

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