Other people's houses : how decades of bailouts, captive regulators, and toxic bankers made home mortgages a thrilling business /
Jennifer Taub.
- viii, 406 pages ; 25 cm
Includes bibliographical references and index.
Highfliers. The nobelmans -- The condo king and his empire -- The run on American Savings and Loan -- The Saturday night massacre -- Deregulation inauguration -- The red baron of finance -- The bailout -- Friends of the court -- Repeat performance. Friend of the family -- The factory line -- The bubble -- First to fall -- Surf and turf -- Legal enablers of the toxic chain -- The great betrayal -- Myth confronts reality. Dispelling myths about the crisis.
Explores the origins of the Savings and Loan crisis of the 1980s and draws parallels with the financial crisis of 2008, arguing that the failure to regulate banks combined with the laxness of regulators contributed to the crises and are problems that still persist today
9780300168983 (cloth : alk. paper) 0300168985
Savings and Loan Bailout, 1989-1995. Savings and loan association failures--Economic aspects--United States. Cajas de ahorros --Estados Unidos Mortgage loans--United States. Banks and banking--History.--United States Bancos y bancas--Historia.--Estados Unidos Financial crises--History.--United States Crisis financiera --Historia --Estados Unidos Ahorros y rescate de préstamos, 1989-1995. Fracasos de asociaciones de ahorro y préstamo --Aspectos económicos--Estados Unidos. Prestamos hipotecarios --Estados Unidos