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Lädt ... Inside job : the looting of America's savings and loans (1991. Auflage)von Stephen Pizzo
Werk-InformationenInside Job: The Looting of America's Savings and Loans von Stephen Pizzo
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Melde dich bei LibraryThing an um herauszufinden, ob du dieses Buch mögen würdest. Keine aktuelle Diskussion zu diesem Buch. Something of a post-mortem (in a few cases, all too literally) of the savings and loan crisis. The authors' main thrust is that there was an enormous amount of outright fraud and criminal/mob activity in the collapse of dozens and dozens of S&Ls in the 1980s and 1990s. In some ways, while they are harsh regarding the regulatory regime in place, the authors place the first blame on the fraudsters. Some of the stories they relate are comic, some infuriating, all incredible. Fascinating study, one of the best that came out of the scandal. ( ) Zeige 2 von 2 keine Rezensionen | Rezension hinzufügen
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New York Times Bestseller: A history of the S&L scandal that caused a financial disaster for American taxpayers: "Hard to put down" (Library Journal). For most of the 20th century, savings and loans were an invaluable thread of the American economy. But in the 1970s, Congress passed sweeping financial deregulation at the insistence of industry insiders that allowed these once quaint and useful institutions to spread their taxpayer-insured assets into new and risky investments. The looser regulations and reduced federal oversight also opened the industry to an army of shady characters, white-collar criminals, and organized crime groups. Less than 10 years later, half the nation's savings and loans were insolvent, leaving the American taxpayer on the hook for a large hunk of the nearly half a trillion dollars that had gone missing. The authors of Inside Job saw signs of danger long before the scandal hit nationwide. Decades after the savings and loan collapse, Inside Job remains a thrilling read and a sobering reminder that our financial institutions are more fragile than they appear. Keine Bibliotheksbeschreibungen gefunden. |
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Google Books — Lädt ... GenresMelvil Decimal System (DDC)364.1Social sciences Social problems and services; associations Criminology Crimes and OffensesKlassifikation der Library of Congress [LCC] (USA)BewertungDurchschnitt:
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