Banks Still Have Too Much Leverage, Bair Says

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Jan. 11 (Bloomberg) -- Former Federal Deposit Insurance Corp. Chairman Sheila Bair discusses financial regulations and President Barack Obama's nomination of Jack Lew as U.S. Treasury secretary to succeed Timothy Geithner. Bair, now a senior adviser at Pew Charitable Trusts, speaks with Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance." Robert Albertson, principal and chief strategist at Sandler O’Neill & Partners LP, also speaks. (Source: Bloomberg)

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