. >> sheila bair headed the back then, and there was $10 billion coveringan deposd not just to 100anat remained of the bank to a group headed by steve mnuchin who renamed it one west. >> at this point the market will stabilize and being a bank in that market will be an attractive opportuty for us. >> but the market wasn't attractive in between the 08. 25 banks disappeared that year and some of themredicted by analyst dick bove who doesn't think such a col happen again any time soon. >> at some point in time you knwi, w run a period where debt is growing faster than income and that will result in some sort of a setback for the financial industry, but it's not happeng right now,nd it looks like it will be tougher to make it happen in the future. >> we have the cfpb which i hope is still going to be continuing to operate and especially in the mortgaending space. we needed the mortgage lending standards and we have them now. >> looking back on that stressful weekend. sheila bair wishes she had not allowed indy mac's immediate overseer, the office of thrift supervision or ots to close the