recipients include chris christie and sheila bair.omorrow, the dedication ceremony for the new martin luther king, jr. memorial on the national mall. president obama is among the speakers. that is at 10:00 a.m. eastern. each night this week, we are bringing you a different episode of our series "the contenders." tomorrow, a look at thomas e. dewey. >> up next -- >> welcome. this is the first of our new and for ethics and a professor here at the law school. as i describe this series, our aim is to have a conversation with a wide range of souls. these are people with a different kind of experience, sometimes a legal expense, sometimes ethical experience. but for such a conversation to make sense, we also have those who have demonstrated some reflection, and ability to reflect upon what they have experienced and how they can contribute to the work of this center. that, plus the willingness to engage in a conversation that might advance our understanding of the ethical issues that are the -- that are at the heart of our work. i'm truly gr

and the chairman's indulgence, sheila bair's argument, does their need to be a market where there wasnone? lenders in the repo market made the decision based entirely on the collateral. when bear stearns was listening in the water lehman was listening in the water and everyone knew they were in deep trouble, as a result of repo transaction was when the fdic finally arrived there was a smoking crater and the ground instead of an institution that actually may have had some franchise value and assets. using fears discipline in the repo market and what can be done to create discipline in the repo market? >> a complicated question. in some respects there are examples where counterparty, those entities as i understand it were not able to finance themselves using treasurys so there is a disciplined in that sense but this is part of the challenge. highly dependent on financing including high quality collateral and some reputation will issue out there that you have over significant liquidity. one way to come at your question is to think of the capital treatment of these transactions weather be

what does sheila bair think of that? one hour from now on fox business. if you don't get it. >> demand it! ♪ ♪ >> kimberly: hello, everyone. i'm kimberly guilfoyle, along with bob beckel, dana perino, greg gutfeld and eric bolling. it's -- [ loss of audio ] -- >> kimberly: mod bob is very excited about that. oh, yeah. then is there a divide between the conservative elite and the conservative base on who should be the republican nominee? we'll debate it. and check out this outrageous video. middle school girls. the parents. it's a fight club in school bathrooms. where are the parents? the top story, donald trump is teaming up with news max to moderate the presidential debate in iowa later this month. it's unclear how many of the candidates are going to attend. including is donald trump going to show up? what is the deal? this is your guy. >> eric: i love donald. he has been visited by many of the candidates. most of the candidates will show up if not all of them. he will ask the tough questions. that is missing in the debate. where are you on the economy?

. >> ben bernanke was there, sheila bair was there, the other top regulators, and geithner was using words that we couldn't print in the newspaper, using expletives to express his frustration. geithner made it clear to them that in his eyes what they were doing threatened to undermine the legislation. >> bergman: you got irritated with them. >> well, i'd like them to put the interest of the country ahead of the interests of their particular agency, because, you know, you can't look at the system and say it served the american people. it basically failed. and we are engaged in a just and necessary fight to basically change the things that were broken in our system and to reform and put in place a stronger set of protections. >> the breadth of this proposal is, in many respects, shocking. >> bergman: but geithner and the administration have more than the regulators to convince; the republican leadership in congress and many in the banking industry are opposed. >> well, i don't like it because i'm not a liberal. i don't like the government dictating to bankers. it's none of their busine

sheila bair. like secretary sebelius, sheila bair has the distinction of being both a ku graduate -- a very high distinction -- and of being recognized as one of the most powerful women in the world. and we've hosted reporters and commentators such as bob woodward and david broder. one of broder's last public appearances was at the dole institute. we are also home to the dole fellows program where practitioners hold seminars for ku students giving them the opportunity to learn firsthand from leaders in the field. those fellows are bipartisan and have included people like former congressman dennis moore and walt liker, press secretary to senator dole. i would encourage you to compare the quality of programming at the dole institute to the institute of politics at harvard. and i know you will be impressed. with the dole institute when you do that. all of the events that we hold are free and open to the public in keeping with the institute's mission of expanding civic engagement. that's possible beca

a young gentleman came by walking down the aisle and said are you sheila bair?re you chairman of the fdic. he said he must be running out of money if you are flying coach. i said we always fly coach and we have plenty of money, but it was an incredible run. leaders are only as good as the people they lead. i had such a fantastic team at the fdic. the one big weekend do is make each individual person know what they do is important and it matters to the achievement of that overall mission. leaders cannot make decisions at all levels. if you try to micromanage from the top, it just does not work. we got our priorities early at the fdic. it was not to protect banks. margaret thatcher once said if you go into something wanting to be like, you end up compromising everything and achieving nothing. the one thing we wanted to do was make sure they had confidence their money was there and it was safe and they would have ready access no matter what. every single decision we made was guided through that prism. it was the key to our tremendous success. so thank you for this