WASHINGTON Nov 13 Leading U.S. bank regulator
Sheila Bair said on Friday that the government's capital
injections into the largest banks was "probably not a good
Bair, the chairman of the Federal Deposit Insurance Corp,
said the billions of dollars of capital infusions last year had
a terrible impact on public perception toward the financial
industry and government regulators.
"I think at the time it sounded like the right thing to do
and, again, it was part of an international effort, but I just
see all the problems it's created," Bair said during an
interview with PBS NewsHour. "I think we would have tried to
dissuade Treasury from making these capital investments."
(Reporting by Karey Wutkowski,editing by Leslie Gevirtz)