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Sto caricando le informazioni... Inside Job: The Looting of America's Savings and Loansdi Stephen Pizzo, Mary Fricker, Paul Muolo
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Iscriviti per consentire a LibraryThing di scoprire se ti piacerà questo libro. Attualmente non vi sono conversazioni su questo libro. 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. ( ) nessuna recensione | aggiungi una recensione
Appartiene alle Collane EditorialiForbidden Bookshelf (16) Premi e riconoscimentiMenzioni
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. Non sono state trovate descrizioni di biblioteche |
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Google Books — Sto caricando le informazioni... GeneriSistema Decimale Melvil (DDC)364.1Social sciences Social problems and services; associations Criminology Crimes and OffensesClassificazione LCVotoMedia:
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