He seems to agree with you about Sheila Bair and he's not going along with her demonization at the hands of Geitner, et al

“I think part of the problem now is that, to be honest, Shelia Bair has annoyed the Old Boys Club.” He likened the situation to several regulators “up in the treehouse with a ‘No Girls Allowed’ sign.”

He thinks that she should be given a “broader role in helping to formulate policy on mortgage foreclosures”

He certainly does have his moments though; the best quote:

“I’m a great fan of the president-elect, but I think it’s probably the case that he’s going to have to be more assertive than he’s been,” Frank said, addressing the Consumer Federation of America’s annual financial services conference. “And I know what he says is ‘Well, we only have one president at a time. My problem is, at a time of great crisis and [massive] mortgage foreclosures. ... I am afraid that overstates the number of presidents.”