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Author Pizzo, Stephen.

Title Inside Job [electronic resource] : The Looting of America's Savings and Loans / Stephen Pizzo.

Publication Info. [Place of publication not identified] : Open Road Media, 2015.
©2015

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Description 1 online resource (584 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Access Access limited to subscribing institutions.
Summary A fast-paced and gripping account of one of history's most infamous financial disasters 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.
System Details System requirements: Adobe Digital editions.
Note Print version record.
Access Digital content provided by Freading Ebook Service.
Subject Savings and loan associations -- Deregulation -- United States.
Savings and loan associations -- Corrupt practices -- United States.
Genre/Form Electronic books.
Added Author Fricker, Mary.
Muolo, Paul.
Freading (Firm)
Other Form: Print version: Pizzo, Stephen. Inside job : New York, NY : HarperPerennial, 1991. 006098600X (paper) : (DLC)90056097
ISBN 9781504019910 (e-pub)
Standard No. 9781504019910

 
    
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