''After initially being peeved at Goldman Sachs CEO Lloyd Blankfein for not bidding on failing banks, Bair describes him as helping the FDIC secure investments
from other big banks – as well as ponying up his own – for faltering
ShoreBank Corp. of Chicago, a 1970s-era pioneer in lending to low- and
middle-income neighborhoods.Blankfein’s help was apparently sparked by a call Bair made “in a snit” to Warren Buffett, who had earlier invested in Goldman. “I was probably out of line, but I told him I was frustrated with Goldman’s complete lack of interest in helping us capitalize failing institutions” despite the fact Goldman benefited from being able to become a bank holding company during the crisis.
Blankfein was calling with an offer to help within the hour.''
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