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S & L Hell: The People and the Politics Behind the $1 Trillion Savings and Loan Scandal

Kathleen Day




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 | #523501 in eBooks |  1993-05-17 |  2013-12-02 | File type: PDF

||1 of 1 people found the following review helpful.| Great read on a tragedy.|By John L. Kopecky|I found the book very factual and well written. It is amazing to me how few people were indicted for their actions.|3 of 4 people found the following review helpful.| Pretty Insightfull Book|By Lucas J. Trunnell|Take your time reading this book. I have to read if for a class in grad|From Publishers Weekly|In a hackle-raising expose of the S & L scandal, Day, who covered this financial disaster for the Washington Post , estimates that the debacle not only will cost taxpayers more than $1 trillion but will force the administration to national

The savings and loan debacle is the costliest scandal in the country's history. How could such a catastrophe have occurred?


The most remarkable thing about the collapse of the savings and loan industry is that so many of the major participants--the regulators, politicians, and S&L operators themselves--chose to do nothing as they watched problems mount and taxpayer liabilities grow. That choice was dictated by a variety of motives: greed, political self-inter...

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