Sheila Bair's power play: The FDIC already insures $340B in bank debt and has the go ahead to...

|By:, SA News Editor
Sheila Bair's power play: The FDIC already insures $340B in bank debt and has the go ahead to support sales of $1T in toxic assets. But Bair wants more: the ability to tame Wall Street by gaining the authority to wind down giant financial holding companies.