FDIC Head Sheila Bair Tells Protesters: “It’s Time to Put an End to the ‘Too Big to Fail’ Doctrine… No More Bailouts!”

Washington’s Blog | October 27, 2009

On her way inside the Banking Convention, where she was about to deliver a speech, FDIC Chair Sheila Bair told protesters:

It’s time to put an end to the ‘Too Big to Fail’ doctrine… No more bailouts, no more bailouts!

This is without doubt the most important populist moment so far this year.