Where does Sheila Bair rank on Forbes Magazines “100 Most Power Women in the World List”?
Forbes’ Power Women list isn’t about celebrity or popularity; it’s about influence. Queen Rania of Jordan (No. 75), for instance, is perhaps the most listened-to woman in the Middle East ; her Twitter feed has 600,000 followers. In assembling the list, Forbes looked for women who run countries, big companies or influential nonprofits. Their rankings are a combination of two scores: visibility–by press mentions–and the size of the organization or country these women lead. At No. 1, for the fourth consecutive year, is German Chancellor Angela Merkel. Up for reelection this September, she is leader of the world’s fourth-largest economy. She faces a tough year: Germany ‘s GDP is expected to shrink this year despite a small uptick in the second quarter. Federal Deposit Insurance Corp. Chairman Sheila Bair, who remains in the No. 2 spot, has presided over the orderly takeover of 77 banks so far this year. In fighting for more power for her agency, she has butted heads with Fed Chairman Ben
