<![CDATA[Jezebel: sheila bair]]> http://tags.gawker.com/assets/base/img/thumbs140x140/jezebel.com.png <![CDATA[Jezebel: sheila bair]]> http://jezebel.com/tag/sheilabair http://jezebel.com/tag/sheilabair <![CDATA[Sheila Bair Keeps Proving Everyone Else Wrong]]> Former editor Moe Tkacik singles out Jezebel favorite Sheila Bair (who Chip Somodevilla manages to capture quite fetchingly despite Vogue's misgivings) in her list of the Ladies of The Financial Crisis, most of whom we should have listened to. [Clusterstock]

]]>
http://jezebel.com/index.php?op=postcommentfeed&postId=5331740&view=rss&microfeed=true
<![CDATA[The Real Reason Women's Magazines Suck]]> CosMarieGlamVogBazElle sure can be a tedious read; from month to month, our favorite ladymags seem to delight in the twin pleasures of reprinting editorials wholesale and publishing story after story with a distinct Groundhog Monthly ring. Ever wondered why?

One reason is simple: The editors of these publications hammer out every detail of the stories they're going to print before they've even assigned writers to the pitches. A tipster passed on this e-mail, which she received from a Glamour freelancer foraging for quotes:

Hey Ladies,

For the October issue of Glamour magazine, my editors are working on a story called "Guilty Man Pleasures." The editors are looking for quotes about things good women do with men that are so bad.

Two examples are:

"I am currently seeing a guy who is way, way too young for me, but after ending a serious three-year relationship, he is just what the doctor ordered. The sex is so good I keep thinking he must be a professional and that my invoice is going to arrive any day now." -Elizabeth Hogan, 31, Winter Park, FL

"My most recent naughtiness: ‘accidentally' finding my boyfriend's checkbook and looking through it to see if he'd purchased an engagement ring. He had!"-Jaime Hobson, 27, Boston

Other examples are the woman who has webcam sex with her long-distance boyfriend, the girl who lets the guy she's dating read text messages from other guys just to make sure he knows there are others interested, the woman who's trying to save money but still gets her monthly Brazilian bikini wax just because she and her man love the feeling...

You've read this story before. It was called "The Best Sex Secret I've Never Told Anyone" in Glamour's June issue. In Cosmo, the story's called "Confessions," and they run it every month. These aren't real journalistic sources speaking — these are archetypes. This writer isn't looking for news — she just needs photogenic ladies to slot into a pre-written narrative. Glamour already knows exactly who it's looking for: "The girl who lets the guy she's dating read text messages from other guys just to make sure he knows there are others interested, the woman who's trying to save money but still gets her monthly Brazilian bikini wax just because she and her man love the feeling." No wonder we never read anything interesting in the pages of these magazines.

Anna, who used to work at Glamour, says then-editor Bonnie Fuller was notorious for dispatching writers to find sources who exemplified predetermined characteristics and narratives. "It was like the Bush Administration in the run-up to the Iraq war: first they decided what the 'story' was, then we found ways to make the 'facts' suit that agenda," she says. But it's not a problem unique to any one ladymag: Alison Stein Wellner, a women's magazine freelance writer who'd apparently reached the end of her tether, wrote in January of her exasperation at having to do story after story where the reporting was shoehorned around an inelastic narrative sent down from on high. Of one magazine, which she does not name, Wellner writes:

They wanted a story about how women with certain Bad Disease found their lives changed by the illness. Sounds reasonable enough. The process is this: I am to go out and find a number of women with this Bad Disease and talk to them about how their lives have changed. I am given various storylines by the editors: my distant marriage has been made closer. Bad Disease made her fearless in the face of a relationship that used to terrify her. She embraced alternative treatments, but not too much, so she doesn't seem like a wacko. Etc.

These are storylines dreamed up in an editorial meeting. They are invented. They are fiction.

My job is to then talk to as many women — real breathing women — as possible to find someone that conforms to these storylines. I am asked to provide photos. If the woman has an undesirable quality — like, say, she's a lesbian — she's disqualified.

Just a few weeks ago I happened to get into conversation with a junior editor at Vogue — which, for all its faults, is still one of the only American women's magazines to actually include any long-form feature writing that goes much beyond Area Woman Brought Closer To Husband By Bad Disease. This editor told me that she was itching to cover the financial crisis. (Vogue has apparently noticed that there has been a financial crisis.) The only problem, said this editor, was that her magazine's coverage would have to take the form of a profile, and because of Vogue's female audience, the profile would have to be of a woman. What's more, any appropriate profile candidate would need to be attractive. "I pitched Sheila Bair to the photo department," said this editor, "and they said, 'Are you kidding? We can't shoot her.'"

That next week, the New Yorker published an excellent profile of Bair, the chairman of the FDIC, a profile that explored her Republican background and how her pro-choice leanings probably scuttled her own political ambitions within her party, and explained how Bair had tried to address the subprime mortgage crisis before it actually came to threaten the rest of the economy. Vogue's latest issue, in case you're curious, has a story about Vanessa Traina (rich, likes clothes) and devotes two pages to a mother-daughter duo from Austin who sometimes like to share dresses and shoes. I did not notice any stories about the financial crisis.

But at least you'll be able to read all about Guilty Man Pleasures come October in the pages of Glamour.

The Best Sex Secret I've Never Told Anyone [Glamour]
Confessions [Cosmopolitan]
Why Magazines Suck [TDB]
The Contrarian: Sheila Bair And The White House Financial Debate [New Yorker]

]]>
http://jezebel.com/index.php?op=postcommentfeed&postId=5324718&view=rss&microfeed=true
<![CDATA[Otherwise Known As Sheila The Great]]>

[Washington, D.C., July 24. Image via Getty]

WASHINGTON - JULY 24: Federal Deposit Insurance Corporation Chairman Sheila Bair listens to opening statements during a hearing of the House Financial Services Committee on Capitol Hill July 24, 2009 in Washington, DC. The committee heard testimony from the government's top financial regulators about the Obama Administration's plan to overhaul the regulation of financial institutions in the wake of the current economic downturn. (Photo by Chip Somodevilla/Getty Images)

]]>
http://jezebel.com/index.php?op=postcommentfeed&postId=5322276&view=rss&microfeed=true
<![CDATA[Sarah Palin's Wardrobe, The Universe Completely Crazy]]> The end of the week is a time to sit and digest the insanity that the week has spawned. More news on Sarah Palin's style? Check. Canadian Parliamentary crisis? Check. A Supreme Court case on Barack Obama's birth certificate? Yup, got that, too. Between all of that, plus calls for Robert Mugabe to resign, Tim Geithner to pull his head out of his (possibly sexist) ass, and Andrew Cuomo not caring about black people, it's damn lucky that I have Racialicious' Latoya Peterson along on this ride to Crazytown (not nearly as awesome as Funkytown, by the way).

LATOYA: Where do you want to start this morning? We've got a piping hot plate of hot mess to go through.

MEGAN: Well, being as this is a women's blog, we should do something woman-y, and I nominate the news that the McCain campaign spent $110,000 on hair and make-up for Sarah Palin in 10 weeks and $180,000 on clothing and accessories for the Palin clan — which is $30,000 more than initially reported.

LATOYA: Oh, I forgot to tell you.

MEGAN: That, by the way, means they spent more on hair and make-up and clothing and accessories than my condo is worth.

LATOYA: I have personally instituted a ban on discussing anything to do with Palin. As far as I am concerned, she is irrelevant. If she manages a resurrection and comes back to haunt us in 2012, so be it.

MEGAN: What are you going to do when she opens up an exploratory committee in 2010?

LATOYA: But until then, I'd love to see her fade into obscurity. She should be remembered, fondly, like Ross Perot.

MEGAN: Ok, but can we discuss that kind of money?

LATOYA: Thanks for the memories of shout outs at VP debates, but you need to mosey along now. Take your folksy ways and return to the ice cave. I mean, we can discuss the money. But somehow, I can't muster up indignant outrage.

MEGAN: Like, I will guarantee that there's no way on God's green earth that I have spent $110,000 on hair and make-up in my lifetime, even though I've been highlighting my hair for about 6 years.

LATOYA: Maybe if I had bought that whole "salt of the earth, of the white people, heartland of real America" tripe they were selling. Homegirl was just an opportunist. Cindy McCain was rocking nice clothes — why shouldn't she?

MEGAN: Totally. Look, if RNC donors want to give me $180,000 in clothes, I will totally run for office as a Republican. They can even call me A Maverick over and over again because of my support of reproductive choice.

LATOYA: And it's obvious they had the money. If the first card maxed out and they let her keep going, I say get what you get. Credit Cards come with limits.

MEGAN: But Republican money never ends!

LATOYA: That's why they're Republicans. They're supposed to have money, want to keep money, spend their money the way they want, and tell the gov't to mind their damn business. That's what I expect from Republicans. It's comforting that way.

MEGAN: Yeah, I get that. So, moving on, want to talk about NOW and the Feminist Majority Foundation going metaphorical balls to the wall to promote Congresswoman Carolyn McCarthy for Clinton's Senate seat?

LATOYA: Why not? Obviously, the dice are lucky.

MEGAN: Because I don't like the idea that a woman's seat ought to be filled by a woman, but McCarthy does have an established record on women's rights issues and is generally cool. But, mostly, I wish to continue pressing the point that Attorney General Andrew Cuomo is an unmitigated casual racist not deserving of elected office but certainly not deserving of an appointment to a lifetime Senate seat by David Paterson, the state's first African-American governor.

LATOYA: Hmm, well, I am not so sure about Cuomo. Then again, I'm only thinking about his record at HUD.

MEGAN: Well, then, there's a question. If you have a good record of doing decent things for the community as a whole while tossing around the phrase "shucking and jiving" in reference to an African-American candidate for the Presidency, followed by a steadfast insistence that it is actually not a racist term after the world notices that you said it, what should a politically active person do? Because I choose to call him a racist and think that he should go fuck himself.

LATOYA: Oh, I wasn't sure about the appointment, not your comment on casual racism. I think his HUD record proves he doesn't care about black people.

MEGAN: Then, yeah, fuck that guy.

LATOYA: But back to the original point, I understand what you're saying about not wanting to do this tit for tat seating thing. But I can understand where NOW is coming from, especially with the whispers of sexism around this bailout committee.

Frank credited the current resistance to doing more about foreclosures to ruffled male feathers. “I think part of the problem now is that, to be honest, Shelia Bair has annoyed the Old Boys Club.” He likened the situation to several regulators “up in the treehouse with a ‘No Girls Allowed’ sign.”

MEGAN: I know! I could not believe that shit when I heard it from Moe. I was like, wait, the new Democratic Treasury Secretary is mad about the (technically independent) FDIC chair telling Bush to go fuck himself while she's trying to save Real Americans?

LATOYA: Pretty much. Just call it the "Fuck that bitch" doctrine. She is showing people up so she has got to go.

MEGAN: Also, I think saying that she has to go is akin to when McCain said he would fire Chris Cox at the SEC. I mean, it's their fucking government, you think they could learn who is supposed to be independent — and therefore given a term — and who is supposed to be a sycophant. Tim Geithner either needs to say a bunch more stupid shit so Obama withdraws his name, or get his head screwed on straight. Yo, Tim, you can throw all the money you want at Wall Street and get them to lower interest rates, but if no one has a fucking house in 2 years, the economy is still going to be fucked, and that's what Sheila Bair is trying to prevent, you dumb cunt.

LATOYA: I think prevention is a dirty word to some people. Kind of reminds them of socialism.

MEGAN: But the Republicans promised that we were electing a dirty socialist! They promised!

LATOYA: The Republicans are promising a lot of stuff, but one hand doesn't know what the other hand is doing. Like this rift between the religious right and the ...um...regular right.

MEGAN: This part is kind of awesome.

Ponnuru acknowledges that social conservatives “could present themselves more attractively,” and “pick their spokesmen more wisely.”

No, asshole, at the end of the day, you're still advocating for a fucking theocracy and I am gonna notice no matter how much you pay for Sarah Palin's stylists.

LATOYA: She even used the term Oogedy-Boodgey.

First, to the origins. “Oogedy-boogedy” was bequeathed to me several years ago by my dear, departed friend, political cartoonist Doug Marlette. We were doubtless talking about our shared Southern heritage, about which one does not speak long without mentioning religion.

And, you betcha, oogedy-boogedy.

Marlette, whose childhood was spent among Pentecostals, Baptists, and other passionate believers, had religion in his bones and forgot more scripture than most preachers can recall on a given Sunday. He also won a Pulitzer Prize for his lampooning of Jim and Tammy Faye Bakker (peace be upon them) and their “PTL Club.”

If Jim and Tammy Faye put you in mind of oogedy-boogedy, you’re getting warm.

Now, I'm going to be saying Oogedy Boogedy all day.

MEGAN: And, Republican dudes, if you can't figure out what it means, I don't think you get to call me an Un-Real American anymore.

LATOYA: Rick Warren, talking about capping foreign leaders because the bible says so? Oogedy Boogedy!

MEGAN: Also, how is the world not fucking scared of that shit? Spencer said it best: if it was a Muslim preacher saying on national TV abroad that the Koran says they need to suicide bomb us, we would be flipping the fuck out. But a white guy? No, that's cool.

LATOYA: Selective memory. Side effect of the oogedy boogedy.

MEGAN: So, is the oogedy-boogedy something you catch from the Bible, or from other Jeebus-freaks?

LATOYA: Apparently, the bible is OK. It's the freak part that leads to the oogedy boogedy. There have been other strange happenings as well, outside of religion. Like Michelle Malkin talking sense.

MEGAN: Michelle Malkin has been talking some sense on and off again all year and it is sort of freaking me the fuck out in general.

LATOYA: She's done this a couple times before. I'm always kind of shocked, because I can't reconcile a sensible column with the author of "In Defense of Internment." I don't know whether to read or avoid. On her worst days, she makes me want to put my eyes out, Oedipus style, so I do not have to see what senselessness has wrought. But on other days, I wonder if I should move her and Kathleen Parker into regular rotation.

MEGAN: Is it terribly condescending to think that Malkin grew up a little? That after wallowing around in all that scary, informed-only-by-fear filth she sort of looked around at her compatriots, commenters and ass-kissers and thought to herself, damn, these people are crazy?

LATOYA: Then again, we both now she is one "banana cream pie"column (that link is NSFW) away from being in they "why did I ever think we could hang" category. And speaking of even more crazy shit — do you know they are trying to challenge Obama's citizenship?

MEGAN: I am hoping the problem is not just that other wannabe columnists have not decided to out-Malkin Malkin by being crazier, thus making her seem less insane in the process. Yeah, dude, that is some crazytown fucking shit. There are suits claiming the birth certificate is fake, and others claiming that because his father wasn't American, he doesn't qualify.

LATOYA: Remember that Colbert Report segment on Obama going to this crazy foreign nation of Hawaii? Yeah, someone must have forgotten the Colbert Report isn't real news.

MEGAN: Dude! If only! Actually, they are claiming that his mother actually gave birth to him in Kenya but faked that it happened in Hawai'i.

LATOYA: I mean, damn, the birth certificate is online. Hawaii published a column announcing it. WTF?

MEGAN: In this alterna-universe, claiming Hawai'i doesn't count is actually less cray-cray than what they are really claiming. They claim that all that stuff has been faked, as though he's an actual Manchurian candidate.

LATOYA: Oh wait, are you talking about that guy who is suing "the "Peoples Association of Human, Animals Conceived God/s and Religions, John McCain (and) USA Govt." The plaintiff previously sought to sue Wikipedia and "All News Media." Or is he just some fresh crazy? And Clarence Thomas picked up this lawsuit, to presumably dismiss it, which is making blogger like Karynthia get pissed off for having to defend him.

MEGAN: Dude, Alan Keyes filed one of the lawsuits. There are multiple strains of crazy at work.

LATOYA: I expected that. Do you want to talk about terrorism crazy now, or international government crazy?

MEGAN: Oh, it's so hard to decide. I was going to say that we should read what the nanny of the Jewish toddler said about rescuing him because it's sort of awesome in a We-Are-The-World kind of way that transcends race, but we can stick with crazy.

"First thing is that a baby is very important for me and this baby is something very precious to me and that's what made me just not think anything — just pick up the baby and run," Samuel said.

"When I hear gunshot, it's not one or 20. It's like a hundred gunshots," she added. "Even I'm a mother of two children so I just pick up the baby and run. Does anyone think of dying at the moment when there's a small, precious baby?"

LATOYA: I applaud that woman. I am also giving a half-hearted applause to Condi for calling out Mugabe and his general douchbagginess toward his people. The applause is half hearted because we only selectively seek to remove dictators that are screwing with us. Or, rather, standing in the way of something we want.

MEGAN: Right, although, if we're giving Condi a golf clap, we probably have to shout out Raila Odinga, the Kenyan PM, who sorta beat her to the punch on that.

LATOYA: He gets full applause.

MEGAN: I mean, Odinga even beat South African President Kgalema Motlanthe, who probably could have done it as his first act in office or something.

LATOYA: Meanwhile, our neighbors to the South have crazy drug war drama and our neighbors to the North have crazy Parliament drama. Is it just me, or are global current events starting to read like The Days of Our Lives?

MEGAN: OMG, Latoya, seriously, I used to watch Days of Our Lives sort of obsessively. And by sort of obsessively, I mean, once upon a time I stood in line at the mall to get an autography from and picture with Matthew Ashford. That I still have.

LATOYA: And your verdict is?

MEGAN: Days of Our Lives once featured a plot line in which Marlena, possessed by the actual devil wreaked havoc on Salem. I think it's a valid comparison to world events.

LATOYA: Hahahahahahahha — true! I'm about to go get some breakfast (Mocha Hut!) but I did want to leave with this gem. The ignored truth about Iraq is contained in an old ass booklet.

Republished in 2008 by Dark Horse Publications, the tiny booklet for troops heading to protect the Persian Gulf’s oilfields and supply routes is a pronunciation, cultural and religious survival manual whose wisdom applies to Iraq (i-RAHK) during the era of the Toyota pickup truck and Al Qaeda in Mesopotamia as much as to the age of the camel and the Luftwaffe.

“Show respect to all older persons,” writes the anonymous author.

“American success or failure in Iraq may well depend on whether the Iraqis (as the people are called) like American soldiers or not. It may not be quite that simple. But then again it could.”

MEGAN: Sigh.

LATOYA: The book is so old that Muslim is still spelled Moslem and Israel doesn't exist yet (while Iran is a footnote) and yet, the advice is still kind of pertinent.

MEGAN:

“You aren’t going to Iraq to change the Iraqis. Just the opposite.”

LATOYA: Alright — I am out. Pumpkin chai and salmon cake on a bagel, here I come. Thanks, Megan for a fun week, and thanks Jezzies, for the fun conversations. (And pics! Loved that!)

]]>
http://jezebel.com/index.php?op=postcommentfeed&postId=5102429&view=rss&microfeed=true
<![CDATA[Potential Treasury Secretary Sheila Bair Is A "Woman To Watch"]]> FDIC Chairwoman Sheila Bair tops the Wall Street Journal's list of "The 50 Women To Watch 2008", which attempts to line up the top 50 women in corporate America today. Despite being the lone government employee on the list, Bair tops it not just because of her work in finance as the chair of the FDIC but because, more importantly, her name is bandied about as a black horse candidate for Treasury Secretary in an Obama Administration. So what should you know about her?

Bair might have learned about politics at the feet of her political mentor and former boss, former Republican Presidential candidate and Senator from Kansas, Bob Dole, but she certainly doesn't sound like any hard-hearted partisan hack:

"This myth of all these people making sophisticated calculations and trying to game the system, that wasn't it," Ms. Bair says of the event [on avoiding foreclosure] hosted by California Gov. Arnold Schwarzenegger. "These were just regular people, working families trying to hold onto their homes. They were scared and I saw a lot of fear on their faces, and I think that struck me more than anything."

Bair, unlike many a mortgage-holder and deregulation apologist, doesn't see an upside to putting more mortgagees on the street and boarding up more homes — a key part of Obama's recovery plan which calls for a 90-day moratorium on foreclosures, if you've been paying attention.

Her willingness to consider what Obama likes to call a "Main Street bailout" focusing on distressed homeowners has gotten her in a little bit of hot water with the Administration that appointed her. While Camden Fine, the president and chief executive of the Independent Community Bankers of America, says of her, "She very likely will be the only agency head to come out of this crisis with an enhanced reputation," and Democratic Congressman and House Financial Services Committee Chair Barney Frank says, "She's shown you can be concerned about consumers and not skimp on your job as a regulator," she has fewer fans down by the White House. Bair's plan to use the resources of the FDIC to help homeowners has come under fire and is being re-written by White House aides, who are also resisting calls by Frank and Congresswoman Maxine Waters (D-CA) to put Bair officially in charge of managing the foreclosure crisis.

At the end of the day, too, she resists placing blame solely on homeowners or individuals that bit off more than they might have been able to chew:

Ms. Bair is optimistic that the U.S. will emerge from the current morass stronger than it was just a few years ago. Institutions and consumers were overleveraged, she says, and the current crisis should usher in a new era of "wise and prudent consumption" and a focus on the "basic notion of thrift."

"Getting back to basics, saving before you buy, thinking through expenditures, and not getting too deep into debt," Ms. Bair says. "We need to get back in touch with those cultural values."

Well, I mean, people were calling Obama un-American before the election. A Treasury Secretary that thinks saving and spending prudently is important is nearly as un-American as it gets (but in a good way).

Sheila Bair Tops The List [Wall Street Journal]
The 50 Women To Watch 2008 [Wall Street Journal]

]]>
http://jezebel.com/index.php?op=postcommentfeed&postId=5082353&view=rss&microfeed=true