CapitalAccount's video: Sheila Bair on becoming Treasury Secretary: Anybody would take that job

check us out on Facebook http://www.facebook.com/CapitalAccount Follow us @ http://twitter.com/laurenlyster http://twitter.com/coveringdelta Treasury Secretary Timothy Geithner is reportedly leaving this position next year after he's through trying to help broker a deal on the fiscal cliff. Speculation already abounds as to who should and could fill the spot, and one suggestion we've heard from folks in the media like contributor John Wasik for Forbes is that President Obama should nominate former FDIC chairman Sheila Bair. Sheila Bair has been an ardent supporter of bank reform and a critic of bailouts, fighting against reducing bank capital requirements while at the FDIC, and and more recently, arguing for breaking up the megainstitutions. We ask Mrs. Bair, now chair of the private sector Systemic Risk Council, what her first order of business would be as treasury secretary. Bair said the fiscal problems facing this country have to be the top priority and that she thinks the treasury department is too involved in financial regulation right now. As for whether or not she'd accept the position, Bair says, "anybody would take that job." To watch the full episode of the show, click here: http://www.youtube.com/watch?v=L3Jup8yGkZw