It's a small world but I wouldn't want to paint it
Saturday, October 4, 2008
Its amazing how bad Sheila Bair looks now
Sheila Bair - without giving anyone time to do due diligence - forced Wachovia into a merger with Citigroup in which she warranted that the taxpayers would pick up the losses (beyond a certain point well below the book value of the deal she did).
Now she is defending that deal - and her tattered reputation -
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