FIRE FDIC CHAIRMAN SHEILA C. BAIR

FDIC CHAIRMAN SHEILA C. BAIR REMOVAL FROM FDIC

Target:

President Barak Obama, Senate, Congress, Judiciary, American Public

Sponsored by: 

Yolanda C. Gibson-Michaels (FDIC Whistleblower)

Dear President Elect Barack Obama,

Removal of FDIC Chairman Sheila C. Bair

This Petition serves to immediately remove FDIC Sheila C. Bair as Chairman of the Federal Deposit Insurance Corporation (FDIC).  Former FDIC employees reported fraud at the FDIC, ignored by Chairman Sheila C. Bair.  FDIC reported officials engaged into RICO (Racketeering), inside trading, money laundering, receivership fraud, bank fraud and unregistered Securities Exchange Commission (SEC) Financial fraud linked to FDIC, Indy Bank, Countrywide, AIG, Fannie Mae, Wells Fargo, Wachovia, SunTrust, Lehman Brothers, Wackenhut and other Banking and Financial Institutions.   In retaliation of reporting FDIC Corporate-Wide fraud, Chairman Bair condoned and sanctioned FDICs involuntary removal of my Federal career after 25 years of sustained outstanding Federal services. 

Chairman Bair tarnished the reputation at the FDIC, failed to regulate banks, failed to protect FDIC Whistleblowers, failed to discipline and remove reported corrupt FDIC officials.  Chairman Bair promoted a culture of fear, hate, and retaliation throughout the FDIC.  FDIC employees are NOT treated with respect, fairness, integrity.  Open and Honest communication is treated with backlash, involuntary removal from the Federal Government and retaliation. The following evidence of Whistleblower retaliation supports immediate removal of FDIC Chairman Sheila C. Bair. 

1.         Jan-Feb 1992 Washington Monthly Reporter Christopher Georges exposed the Office of Thrift Supervision (OTS) Whistleblower Wayne Frena reports of fraud at the OTS and the FDIC.  First Gibraltar reportedly received billions of dollars in federal relief money, but examiners say that its CEO siphoned off bank funds for personal use.  See Bluebonnet Savings in Dallas and El Paso Savings and Loan. 

FDIC Whistleblowers Alfred Beltran-Romero and Rick Benavidez

2.         In the case of El Paso Savings, two examiners Alfred Beltran-Romero and Rick Benavidez reported fraud at the Office of Thrift Supervision (OTS) and  FDIC and ordered to stop investigating the S&L even though they had uncovered evidence of fraud.  OTS Bank examiners uncovered squandered funds on private jets. Reporter Christopher Georges wrote: %u201CThe CEO of a multibillion-dollar Dallas S&L dips into the thrift's petty cash for a few personal perks. There's the $700,000 or so spent on the lavish private hunting lodge in South Texas.  A plush New York City penthouse condo costing the thrift more than $7,000 a month; and a leased private jet.  $13,000 dinner for four; a ritzy suite at Dallas's only five-star hotel where guests are routinely treated to Dom Perignon and Beluga.  The thrift received $5 billion in federal money and a wealth of other goodies, including guarantees of $600 million in tax benefits and a promise to cover losses from the thrift's bad loans until 1998.%u201D  "People were told not to upset the Southwest babies," said one OTS examiner. "It would look bad for us." 

FDIC Whistleblower Kurt Brown

3.         January 1, 2006, Kurt Brown-- Saint Ram Bone (Whistleblower) former FDIC Bank examiner/auditor confirmed he observed a corrupt organization stemming from certain members in the West Coast FDIC with links to Washington D.C.,  Kurt reported that the past regional director in San Francisco was found dead in his office in the early 1990's and it was a labeled suicide.   Kurt said Veteran%u2019s personal information and Federal Bank Examiner information are being stolen; paid into credit card accounts in AT&T Universal Card/Citibank.  See also Jacqueline P. Taylor v. FDIC, No. 96-5267 (U.S. Appeal Court) reported FDIC outside counsel contract fraud. See Richard Dunn v. FDIC, 94-cv-1916.

FDIC Whistleblower Jud Witham

4.         Jud Witham reported that JAMES WRIGHT former SENIOR FDIC Lawyer in Houston Threatened a staff employee whom lied regarding foreclosed property.  The FDIC employee was order to settle with homeowners or the little Bastards would be looking for a JOB !! 

James Wright explained to Jud Witham that he wanted to do something RIGHT before he retired as the former FDIC Chief in Houston, Texas.  Mr. Witham was able to get hundreds of folks released from loans owned or stolen by the FDIC from the Looted, Failed IRAN CONTRA BANK, Western Bank Houston.   The "DIRT" LAND CONS engaged in by folks like GARY MAURO the Clintons Campaign Manager in Texas were EXACTLY like Whitewater and Castle Grande. Facts and evidence provided that there are THOUSANDS of Castle Grande and Whitewater LAND CONS all over the United States; and FDIC facilitates the fraud in cahoots with Banks, Lenders, Lawyers, and shell mortgage companies.

FDIC Whistleblower Richard Dunn

5.         Richard Dunn, asset manager was employed two years by an RTC/FDIC office in Pennsylvania. Dunn discovered that an FDIC contractor had overcharged the agency and brought the matter to the attention of RTC/FDIC management and was fired by the FDIC.

FDIC Whistleblower Michael J. Koszola

6.         Mr. Koszola reported that a former Chairman of the Resolution Trust Corporation (RTC) had been buying RTC properties through straw purchasers.  Koszola testified with other RTC employees before the Senate Banking Committee. See Michael J. Koszola v FDIC 96-cv-0171.

FDIC Whistleblowers John and Rhetta Sweeney, Jr.,

7.         In the case of John and Rhetta Sweeney, Jr., (August of 1987), the Sweeney entered into a commercial loan agreement with ComFed Savings Bank of Lowell, Massachusetts to finance the development of their home and 14 acres of land.  The bank violated state laws. The Sweeney%u2019s sued the bank for "unfair and deceptive trade practices."  Court documents confirmed that the Bank admitted ComFed had been run as a criminal enterprise (RICO) by bank officers, directors, accountants, lawyers, and appraisers costing the taxpayers a three (3) billion dollar loss.  The Sweeney%u2019s exposed a multi-billion dollar fraud ring orchestrated by FDIC CEOs, Chairman, Lawyers and reported officials.

Honorable Judge Hughes, Dallas Texas

8.         September, 2006, Judge Hughes issued a 131 ruling against the FDIC on behalf of Hurwitz and Maxxam. Judge Hughes ruled that, %u201CFDIC officials were arbitrary, dishonest, exploitative, extortionate, and abusive.  Judge Hughes concluded that FDIC is a corrupt agency with corrupt influences on it, bringing this litigation."

FDIC employee Mary Laverty (Employee Relations)

9.         January 11, 2005 - Gibson-Michaels received telephone from NETU Union representatives D. Scholl and B. Coll. Officials informed Gibson-Michaels that FDIC Labor Relations Specialist Mary Laverty said that, %u201CYolanda should have kept her mouth closed regarding bank, receivership, wire, and securities fraud and that FDIC management is writing a letter to remove you from Federal service.  I was involuntarily removed from the FDIC on March 31, 2006.

/s/

Yolanda Gibson-Michaels (FDIC Whistleblower)