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FDIC's Gruenberg Is Pick to Succeed Bair

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Martin Gruenberg will succeed Sheila Bair as the new head of the FDIC. He was vice chairman of the FDIC from 2005. Before the FDIC, Gruenberg was a longtime aide to Senator Paul Sarbanes. He is known as an expert in banking law and believes in a strong regulatory system.

Martin Gruenberg, new head of the FDIC after Sheila Bair

06/10/2011

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