Bair joined the board of Banco Santander in January 2014. So would you really have expected another answer than this:

"Bair believes that regulators have better mechanisms in place now to resolve a repeat of the 'too big too fail' conundrum that dragged down the global economy in 2007–2008."

I am much more convinced that the financial system is still fundamentally flawed:

https://blogs.stage.cfainstitute.org/investor/2014/12/18/book-review-th…