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Struggling to Keep Job, FDIC Chair Known for Berating Staff Humbled at Capitol
The nation’s embattled chief regulator of federal banks, identified in an independent audit as easily angered and quick to berate employees, deliberately spoke softly and measuredly Wednesday on Capitol Hill as he fended off calls for his resignation. Martin Gruenberg, chairman of the Federal Deposit Insurance Corp., explained, apologized, and took responsibility after the audit…