Federal Deposit Insurance Corp. Chairwoman Sheila Bair, serving as keynote speaker at an event sponsored by American Banker, gave a fairly grim assessment of the nation's banking system. For the rest of this year, bank failures will continue at a "healthy clip," she said. Bair said she is deeply concerned about the likelihood the commercial real state sector will become an even more serious problem for the banks.

Full Story:

Related Summaries