0
ISBN
9781504019910
Genre
Algemeen
Verschenen
29-09-2015
Bindwijze
Ebook EPUB
Taal
Engels
Uitgever
Open Road Media
Auteur(s)
Stephen Pizzo ; Mary Fricker ; Paul Muolo
Inside Job
The Looting of America's Savings and Loans
Reeks: Forbidden Bookshelf
Stephen Pizzo ; Mary Fricker ; Paul Muolo
In winkelmandje
Leesfragment
€11,99
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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