Sheila Bair

NEW YORK TIMES and WALL STREET JOURNAL BESTSELLERThe former FDIC chairwoman, and one of the first people to acknowledge the full risk of subprime loans, offers a unique perspective on the financial crisis.Appointed by George W. Bush as the chairman of the Federal Deposit Insurance Corporation (FDIC) in 2006, Sheila Bair witnessed the origins of the financial crisis and in 2008 became—along with Hank Paulson, Ben Bernanke, and Timothy Geithner—one of the key public servants trying to repair the damage to the global economy. Bull by the Horns is her remarkable and refreshingly honest account of that contentious time and the struggle for reform that followed and continues to this day.

Can knowing how a financial crisis happened keep it from happening again? Sheila Bair, the former chairman of the FDIC, explains how the Great Recession impacted families on a personal level using language that everyone can understand.In 2008, America went through a terrible financial crisis, and we are still suffering the consequences. Families lost their homes, had to give up their pets, and struggled to pay for food and medicine. Businesses didn’t have money to buy equipment or hire and pay workers. Millions of people lost their jobs and their life savings. More than 100,000 businesses went bankrupt.As the former head of the Federal Deposit Insurance Corporation, Sheila Bair worked to protect families during the crisis and keep their bank deposits safe. In The Bullies of Wall Street , she describes the many ways in which a broken system led families into financial trouble, and also explains the decisions being made at the time by the most powerful people in the country—from CEOs of multinational banks, to heads of government regulatory committees—that led to the recession.

Twins Rock and Brock are very different when it comes to spending and saving. In rhyming text, the twins learn a lesson in money management when their grandfather strikes a deal with them.

The doll Isabel wants costs more than the money she has. She decides to start a car wash business to make money. But at the hardware store she learns that her supplies will cost five dollars! She thinks long and hard and comes up with a plan.

"Author Bair has serious finance credentials. She is a former chair of the Federal Deposit Insurance Corporation and current chair of Fannie Mae―and, now, an author of whimsical personal finance books for young children."― BooklistA serial spender discovers that there's a difference between wanting something and needing it. Billy the Blue-Footed Booby, who lived on the Galapagos, wanted to buy an umbrella, so he went to Selling Seal. But Billy didn't listen to Seal's explanation of what that umbrella would end up costing him. And then Billy wanted a fan like Arlene the tortoise's, a purple-striped wig like Ig the iguana's, neon-green shoes like Niels the lizard's, and Seal's anchovy grill. All his friends and his twin sister Bess tried to help, but Billy lost everything.

"Author Bair has serious finance credentials. She is a former chair of the Federal Deposit Insurance Corporation and current chair of Fannie Mae―and, now, an author of whimsical personal finance books for young children."― BooklistAn inexperienced royal learns a valuable lesson about reading the fine print. Princess Persephone was cold in her castle on freezing Ganymede. So, when Aluminum Jim came calling to sell her tin sheets to nail onto the exterior walls to keep out the cold, Persephone was only too happy to agree to a loan and sign the contract without reading it. What could she do when the tin sheets didn't work, she couldn't repay the loan, and Jim claimed the castle?

A giant tortoise learns that if something sounds too good to be true, it usually is.Whitey and Cahoots, two sharks, convince giant tortoise Arlene to invest in their sure-fire, money-making scheme. Arlene takes the bait. So do all her friends, and they discover the hard way what a Ponzi scheme is.

A princess and her pet discover that while making money can be difficult, keeping it can be even harder.Princess Persephone wants to travel somewhere warm and sunny in a shiny new spaceship. But her father won't give her the money she needs for her dream vacation. Persephone comes up with a great idea to earn dragon rides! Learn the ups and downs of entrepreneurship in this amusing story about working hard and spending wisely.