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Sheila Bair Tells Us to Ignore WikiLeaks Rumors

Bank of America customers should ignore speculation that the bank could be the next target of WikiLeaks, the head of the FDIC said today.

FDIC Chairwoman Sheila Bair on CNBC'c Power Lunch
CNBC.com
FDIC Chairwoman Sheila Bair on CNBC'c Power Lunch

“It seems to me people are just trying to stir up trouble and create problems and worry, and I’d just ignore it,” the FDIC chair said in during a talk in Boston. “I’m ignoring it and they should, too!”

Here's the rest of the report from Curt Nickisch of Boston's WBUR:

"The FDIC head says banks have already been through the wringer, with much of their business squarely in the public debate. She thinks whatever information comes out in January would be unreliable and probably out-of-date.

She made the comments speaking to The Boston Club, a nonprofit promoting women in corporate leadership."