The Great Savings and Loan Debacle (Special Analysis, 91-1)

by James R. Barth

Book Overview

During the 1980s, 525 insolvent savings and loans (S&Ls) were liquidated or sold at an enormous cost. Resolving the remaining troubled S&Ls could cost American taxpayers hundreds of billions. What went wrong with the industry? Are fraud and deregulation solely responsible for this financial disaster?

In this volume the author argues that federal deposit insurance itself is largely to blame: by permitting institutions to operate with inadequate...

• Format: Paperback
• Language: English
• ISBN: 0844770086
• ISBN13: 9780844770086
• Release Date: February 1991
• Publisher: AEI Press
• Length: 184 Pages
• Weight: 0.65 lbs.
• Dimensions: 0.4" x 6.0" x 9.0"