In 2008, America went through a terrible financial crisis, and we are still suffering the consequences. As the former head of the FDIC, Sheila Bair worked to protect families during the crisis and keep their bank deposits safe. In The Bullies of Wall Street, she describes the many ways in which a broken system led families into financial trouble. She also explains the decisions being made at the time by the most powerful people in the country—from CEOs of multinational banks to heads of government regulatory committees—that led to the recession.
Table of Contents
Introduction
Part I. Main Street
Chapter 1: Matt
Chapter 2: Anna
Chapter 3: Jorge
Chapter 4: Imani
Chapter 5: Mary
Chapter 6: Zach
Part II. My Story
Chapter 7: The Cast of Players
Chapter 8: 2006: The End of the Golden Age of Banking
Chapter 9: 2007: Stepping Over a Dollar to Pick Up a Nickel
Chapter 10: 2008: Bailing Out the Blockheads
Chapter 11: 2009: The More Things Change. The More They Stay the Same
Chapter 12: 2010 - 2011: The Post-Crisis Years
Chapter 13: Too Small to Save: The Impact of the Crisis on Community Banks
Part III. Your Future
Chapter 14: The Lingering Effects of the Financial Crisis
Chapter 15: You Can Do Better
Appendix: Explanation of Key Terms