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.

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Yes, you can access Forbidden Bookshelf by Stephen Pizzo,Mary Fricker,Paul Muolo in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & Political Corruption & Misconduct. We have over one million books available in our catalogue for you to explore.

Information

Publisher

Open Road Media

Year

2015

ISBN

9781504019910

Topic

Politics & International Relations

Subtopic

Political Corruption & Misconduct

Index

Politics & International Relations

Cover Page
Title Page
Contents
Series Introduction
Preface to the 2015 Edition
Introduction
Dramatis Personae
Chapter 1 Original Sin
Chapter 2 A Short History
Chapter 3 Shades of Gray
Chapter 4 Centennial Gears Up for Deregulation
Chapter 5 $10,000 in a Boot
Chapter 6 The Downhill Slide
Chapter 7 Lazarus
Chapter 8 Back in Washington
Chapter 9 Tap Dancing to Riches
Chapter 10 Buying Deposits
Chapter 11 Renda Meets the Lawyer from Kansas
Chapter 12 The End of the Line
Chapter 13 “Miguel”
Chapter 14 Flushing Gets a Bum Rapp
Chapter 15 Casino Federal
Chapter 16 The Red Baron
Chapter 17 Going Home
Chapter 18 Dark in the Heart of Texas
Chapter 19 The Last Squeezing of the Grapes
Chapter 20 The Godfather
Chapter 21 Beebe Gets Caged
Chapter 22 Round Three
Chapter 23 A Thumb in the Dike
Chapter 24 The Touchables
Chapter 25 Friends in High Places
Chapter 26 The House That Milken Built
Chapter 27 The Rainmaker
Chapter 28 A Bush in the Hand
Chapter 29 Into the Black Hole
Chapter 30 What Happened?
Epilogue
Appendix A The Comptroller Report on Herman K. Beebe
Appendix B The Five-Senators Meeting
Appendix C Written Tesitmony
Glossary
Source Notes
Index
Acknowledgments
About the Authors
Copyright Page