Sheila Bair's legacy, as she steps down as FDIC chairman this week, is an agency transformed...

|By:, SA News Editor
Sheila Bair's legacy, as she steps down as FDIC chairman this week, is an agency transformed from a sleepy bank overseer into a regulatory powerhouse. Her aggressive style helped win broad new powers for the agency, including the ability to police, take over and dismantle large, complex financial institutions that had never been the agency's responsibility.