Sheila Bair, chairman of the Federal Deposit Insurance Corp., has 18 months left on her appointment and is not planning to seek another. However, she does plan to pursue a list of aggressive goals regarding securitized mortgages, foreclosure curbs and the winding down of systemically important financial institutions. Bair is also pushing for the overhaul of the regulatory system. "The industry needs to understand that the system was broken," Bair said. "The status quo is not acceptable."