Tuesday, May 02, 2006

Who is Sheila C. Bair from Kansas, Who was Deemed Worthy Enough to Receive a Plum Appointment Until 2013 from the W?

Sheila C. Bair, it seems, is on W's nice, not naughty list. She gets herself plum appointments all around at taxpayer expense. Here's the first one in 2001:
The President intends to nominate Sheila C. Bair to be Assistant Secretary of the Treasury for Financial Institutions. She is currently a consultant to the Chairman of the New York Stock Exchange, and from 1995 to 2000 she was Senior Vice President of the NYSE for Government Relations. From 1991 to 1995, Bair served as Commissioner on the Commodity Futures Trading Commission. Originally from Kansas, she is a graduate of the University of Kansas and the University of Kansas Law School.
And today, the W said she gets another plum assignment:
Sheila C. Bair, of Kansas, to be a Member of the Board of Directors of the Federal Deposit Insurance Corporation for the remainder of the term expiring July 15, 2007, vice Donald E. Powell, resigned.

Sheila C. Bair, of Kansas, to be a Member of the Board of Directors of the Federal Deposit Insurance Corporation for a term expiring July 15, 2013. (Reappointment)

Sheila C. Bair, of Kansas, to be Chairperson of the Board of Directors of the Federal Deposit Insurance Corporation for a term of five years, vice Donald E. Powell, resigned.
I searched the FDIC web location to see how much the Board gets paid to do their job, but couldn't find it. I did locate an executive summary that puts the actual salaries for the corporation at $661,704,422. That's a lot, but I don't know how much Sheila will be getting.

Well, here's her CV for those interested. I don't know why I got distracted by the W's announcement today that he was appointing her thrice, but there you have it.

It could be because of this particular paper that she has on her CV:“A Mountain Too Far: The Saga of Social Security Private Accounts,” Geneva Papers (October 2005). I tried to find it using a google search, but came up empty. Points to some one who can find an on line version and tell us what she says.

Or it could be her views on banking and immigrants found here. My eyes are too tired to weed any further.

Blog on all.

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