Problems of the Federal Savings and Loan Insurance Corporation, (FSLIC): January 31, February 2, 7, and 9, 1989 PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Problems of the Federal Savings and Loan Insurance Corporation, (FSLIC): January 31, February 2, 7, and 9, 1989 PDF full book. Access full book title Problems of the Federal Savings and Loan Insurance Corporation, (FSLIC): January 31, February 2, 7, and 9, 1989 by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Download full books in PDF and EPUB format.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages : 456
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages : 456
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 456
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages : 464
Get Book Here
Book Description
Author: Kitty Calavita
Publisher: Univ of California Press
ISBN: 9780520923232
Category : Social Science
Languages : en
Pages : 286
Get Book Here
Book Description
At a cost of $500 billion to American taxpayers, the savings and loan debacle of the 1980s was the worst financial crisis of the twentieth century as well as a crime unparalleled in American history. Yet the vast majority of its perpetrators will never be prosecuted, and those who were have received minimal sentences. In the first in-depth scrutiny of the ways and means of this disaster, this groundbreaking book comes to disturbing conclusions about the deliberate nature of this financial fraud, the political collusion involved, and the leniency of the criminal justice system in dealing with these "Gucci-clad white-collar criminals." Using material from over one hundred interviews with government officials and industry leaders and recently declassified documents, the authors show how—contrary to previous government and "expert" explanations that chalked the disaster up to business risks gone awry or adverse economic conditions—S&L leaders engaged in deliberate fraud, stealing from their own corporations to speculate on high-risk ventures. Tempted by the insurance net, perpetrators looted their own institutions in a new kind of white-collar crime the authors dub "collective embezzlement." Big Money Crime also demonstrates how systematic political collusion—not just policy errors—was a critical ingredient in this unprecedented series of frauds. Bringing together statistics from a variety of government agencies, the authors provide a close reading of the track record of prosecutions and sentencing and find that "suite crime" receives much more lenient treatment than "street crime," despite its significantly higher price tag. The book concludes with a number of modest, but no less urgent, policy recommendations to counter the current deregulatory trend and to avert a replay of the S&L debacle in other financial sectors. FROM THE BOOK:"We built thick walls; we have cameras; we have time clocks on the vaults . . . all these controls were to protect against somebody stealing the cash. Well, you can steal far more money, and take it out the back door. The best way to rob a bank is to own one."—House Committee on Government Operations, 1988
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 504
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1240
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages :
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 984
Get Book Here
Book Description
Author: Congressional Information Service
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 408
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 598
Get Book Here
Book Description
Some vols. include special issues
