U.S. Markets close in 3 hrs 9 mins

Sheila Bair: The biggest mistakes we made during the last financial crisis

Sheila Bair, former chair of the FDIC, explains what she would have done differently during the financial crisis; it was a major mistake to close IndyMac bank during business hours, she said. She also discusses, more broadly, what the U.S. should have done differently during the crisis — including providing more relief to underwater homeowners.