The Conversation w/ FDIC Chairman Sheila Bair Continues Right Here...
The CNBC Town Hall with FDIC Chairman Sheila Bair continues right here on CNBC.com, with Jim Cramer as your host. Watch the accompanying video for questions and answers you didn’t see on T.V.
In the online discussion, Bair answers questions about her relationship with Treasury Secretary Tim Geithner, rebuffing reports that there was friction between the two over the appropriate government response to the economic crisis. Bair also calls it a “prudent move” and “in the long-term interest of shareholders” for banks to cut their common stock dividends and instead build up capital cushions.