Former FDIC Head Sheila Bair Confirmed For Americas Lodging Investment Summit (ALIS)
The Honorable Sheila C. Bair, former chair of the Federal Deposit Insurance Corporation (FDIC), will serve as a featured speaker at the Americas Lodging Investment Summit (ALIS), January 22-24, 2013, in Los Angeles.
During her five-year tenure (June 2006 – July 2011) as chair of the FDIC, Bair presided over a tumultuous period for the nation's financial sector. In response to the financial crisis, she developed innovative and stabilizing programs that provided temporary liquidity guarantees to unfreeze credit markets and increased deposit insurance limits. She was a strong advocate for systematic loan modifications to stem the looming tidal wave of foreclosures, and led FDIC resolution strategies to sell failing banks to healthier institutions while providing credit support of future losses from failed banks' troubled loans. Bair has been a leading domestic and international advocate for common-sense capital and leverage ratios.
She was honored by the Wall Street Journal with the top ranking in their 2008 "50 Women to Watch" list. That same year, she was named by Forbes Magazine as the second most powerful woman in the world behind German Chancellor Angela Merkel. In 2009, Bair was named one of Time Magazine's "Time 100" most influential people, was awarded the John F. Kennedy Profile in Courage Award, and received the Hubert H. Humphrey Civil Rights Award. In 2010, she was featured on the cover of Time Magazine, along with Mary Schapiro and Elizabeth Warren, as "The New Sheriffs of Wall Street." That same year, she received the Better Business Bureau's Presidents' Award for sustained superior performance that fundamentally changed the marketplace and shaped the definition and expectation of trust for all marketplace participants.
A native of Kansas, Bair is a graduate of the University of Kansas and the University of Kansas School of Law. She is the author of three books, most recently Bull by the Horns: What Main Street Must Do to Fix Wall Street, a memoir of her career in Washington and tenure as FDIC chair.
Co-hosted by the American Hotel & Lodging Association (AH&LA) and Burba Hotel Network (BHN), the two-and-a-half-day ALIS event features an extensive array of seminars and panels hosted by leading experts and investors discussing important trends and identifying new opportunities. The conference attracts the lodging industry's leading hotel executives, investors, lenders, developers, and professional advisory community. Proceeds from ALIS benefit the educational, research, and training missions of the American Hotel & Lodging Education Foundation (AH&LEF), AH&LA's nonprofit affiliate. For information on the Foundation, visit www.ahlef.com.
Online registration is available via the ALIS Website. For general event information and sponsorship opportunities, contact BHN Conference Manager Jodi Braverman at [email protected].
About the American Hotel & Lodging Association (AHLA)
The American Hotel & Lodging Association (AHLA) is the sole national association representing all segments of the U.S. lodging industry. Headquartered in Washington, D.C., AHLA focuses on strategic advocacy, communications support and workforce development programs to move the industry forward. Learn more at www.ahla.com.
