Monday, May 9, 2011

FDIC Chair Sheila Bair Resigns Effective July 8, 2011

From FDIC Press release, "FDIC Announces Chairman Bair's Official Departure Date":
The Federal Deposit Insurance Corporation (FDIC) today announced Chairman Sheila C. Bair's official departure will be effective July 8th, 2011. Consistent with previous public statements, Chairman Bair has announced her intention to depart the agency following the expiration of her term as Chairman. The FDIC will hold a board meeting during the first week of July. This will be Chairman Bair's final board meeting.

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