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Bailout: An Insider's Account of Bank Failures and Rescues

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Bailout: An Insider's Account of Bank Failures and Rescues image
ISBN-10:

1587980177

ISBN-13:

9781587980176

Author(s): Sprague, Irvine H.
Released: Dec 20, 2000
Publisher: Beard Books Inc
Format: Paperback, 299 pages
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Description:

The engrossing story of how the Federal Deposit Insurance Corporation handled four bank failures. PUBCOMMENTS: During the high interest times of the 1970s and 1980s, banks and savings and loan associations were under heavy financial pressure. Hundreds of them failed. The Home Loan Bank Board permitted the savings and loan associations to treat goodwill as capital, thereby allowing them to remain open and to build up enormous losses that eventually cost the taxpayers billions of dollars. The Federal Deposit Insurance Corporation took a different approach. It closed the banks or sold them, all at no cost to taxpayers. Bailout is the engrossing story of how the FDIC handled four of these failures.

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Bailout: An Insider's Account of Bank Failures and Rescues image
Bailout: An Insider's Account of Bank Failures and Rescues
Out Of Print
Edition:First Edition
ISBN-13:9780465005772
Bailout: An Insider's Account Of Bank Failures And Rescues image
Bailout: An Insider's Account Of Bank Failures And Rescues
Sprague, Irvine
Edition:0
ISBN-13:9780465005833

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