Cover Image

High rollers : inside the savings and loan debacle /

Bibliographic Details
Main Author: Lowy, Martin E.
Format: Book
Language:English
Published: New York : Praeger : 1991.
Subjects:
Savings and loan associations > United States > Corrupt practices.
Savings and loan associations > United States > Deregulation.
Savings and loan associations > United States > State supervision.
Table of Contents:
  • Fixed rates in a volatile world
  • How insured S&Ls fail
  • Dick Pratt figures out how to run a bankrupt federal insurance fund
  • The false spring of 1983
  • Real estate lending 101
  • Permissive loan fee accounting : the linchpin
  • Mammon against the God of home ownership
  • Ed Gray tries to cope and the world goes galloping by
  • The big Texas disaster
  • The laws trash the trash
  • Silverado, Lincoln and CenTrust
  • The junk bond connection
  • Fraud and misconduct 101
  • Wall Street remakes the mortgage business
  • Politics as usual : everybody fiddles while the FSLIC burns
  • Danny Wall and the 1988 deals
  • FIRREA
  • What caused how much of the losses?
  • High rollers
  • Evaluating deregulation
  • Because banks are where the money is
  • The importance of counting
  • Avoid complexity that no one can understand
  • Supervision and enforcement
  • Regulation can't tame technology or market forces
  • Deposit insurance reform
  • The future of thrift institutions
  • Appendix : dynamics of a broke S&L.