Sheila C. Bair, Savior Goddess of the U.S. Financial Crisis

Who rescue the U.S. financial crisis in 2008 then? The answer is Sheila C. Bair. She is chairman of escrow deposits of the United States, the Federal Deposit Insurance Corporation (FDIC), which became one of the key roles in handling the crisis. Bair was sworn in as the 19th Chairman of the Federal Deposit Insurance Corporation on June 26, 2006. He was elected to the position during the five-year term, and included in the FDIC board of directors until July 2013.

Most recently, she was crowned as one of the influential women in the world Forbes, took second place after Angela Merkel (German Chancellor) in the annual list.

As a general daily reported the Los Angeles Times, Bair including one government official who first smelled a problem in the provision of cheap credit or subprime loan Uncle Sam's country, which then caused the U.S. stock market crashes.

''A lot of things that must be resolved, and should be completed by quickly,''Bair said of the restructuring of home loans for troubled homeowners, in a conference in October 2007.

Bair role in responding to the crisis in the Bush administration was quite prominent, including her success in the demanding requirements of bill handling financial disaster that the U.S. government also temporarily raise the FDIC deposit insurance to $ 250,000 per account. In addition, she also uses his power to temporarily guarantee bank debt and guarantee all deposits with no interest in an unlimited amount.

Biography
Bair has a background long enough in a career in the financial world and banking, which took him from Capitol Hill to academia, until finally landing in the highest ranks of government. Before joining the FDIC, since 2002 and he served as Dean Professor of Financial Regulatory Policy for the Isenberg School of Management, at the University of Massachusetts-Amherst. Over there, he also worked for the FDIC by a member of the Advisory Committee on Banking Policy.

In the FDIC Bair also focuses on consumer protection and economic problems. She proposed the formation of Advisory Committee on Economic Inclusion, a research program for low value loans, and forming alliances based on nine large regional markets to help poor communities to the financial establishment.

Awards
Since served as CHIEF FDIC, Bair has received numerous prestigious awards, such as the second position in the list of Time 100 Most Influential People by Time magazine (2009), the gift of John F. Kennedy Profile in Courage Award (2009), Hubert H. Humphrey Civil Rights Award (2009).

In addition, Blair also has held top positions in the annual list of Women to Watch List from The Wall Street Journal (2008). In that year, Bair also crowned as the second most influential woman in the world after German Chancellor Angela Merkel.

Not only that, Bair also got number of various writings on the published financial issues, including a number of educational writings about money and finance for children, and professional achievement. Children's books first, Rock, Brock and the Savings Shock, published in 2006. While the second book, Isabel's Car Wash, published in 2008.

Her writing also won awards include: Distinguished Achievement Award, Association of Education Publishers (2005), Personal Service Feature of the Year, and Author of the Month Awards, Highlights Magazine for Children (2002, 2003 and 2004), and The Treasury Medal ( 2002).