Please use this identifier to cite or link to this item:
192.168.6.56/handle/123456789/27370Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.editor | James R. Barth, Susanne Trimbath, and Glenn Yago | - |
| dc.date.accessioned | 2018-12-04T08:22:14Z | - |
| dc.date.available | 2018-12-04T08:22:14Z | - |
| dc.date.issued | 2004 | - |
| dc.identifier.isbn | 1-4020-7898-6 | - |
| dc.identifier.uri | http://10.6.20.12:80/handle/123456789/27370 | - |
| dc.description | Journalism, it has been said, is history’s first draft. Consequently, the passage of time permits more measured analysis and data to emerge and inform our understanding of events. The conventional wisdom about the causes and consequences of the “savings and loan crisis,” as it came to be understood by contemporary writers, has been so seriously distorted by the legal, political and media battles in the 1980s, it is necessary to sheer away the hype and hysteria surrounding the industry’s collapse and later recovery. This volume presents diverse perspectives unified by a dispassionate assessment of the empirical evidence about what actually occurred during this important period of U.S. financial history. Depending on the analyst and the particular ax he or she chose to grind, the savings and loan crisis was caused by brokered deposits, high yield bonds, daisy chain real estate transactions, mortgage-backed securities, fixed-rate home mortgages or deposit insurance. The theme of these often lurid stories was usually the danger posed to society by high-tech gambling with financial instruments.1 These popular intrigues, as we shall see, explained little of the reality behind the extraordinary costs of the savings and loan crisis. | - |
| dc.language | en | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Milken Institute | en_US |
| dc.subject | Development | en_US |
| dc.title | The Savings and Loan crisis: Lessons from a regular failure | en_US |
| dc.type | Book | en_US |
| Appears in Collections: | Regional and Local Development Studies | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 111.pdf.pdf | 4.83 MB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.