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- Inside Job: The Looting of America's Savings and Loans
Inside Job: The Looting of America's Savings and Loans
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Inside Job: The Looting of America's Savings and Loans
The S&L Crisis: A Journalistic Thriller is a must-read for anyone interested in understanding the systematic looting of America's savings and loans.
This exposé uncovers the involvement of white-collar criminals, politicians, regulators, and other players in the $300 billion cleanup bill left to taxpayers.
With a focus on the role of organized crime, the link between the HUD scandal and the S&L crisis, and the use of S&L's for money-laundering, this book provides a comprehensive look at the causes of the S&L disaster.
The authors' investigation reveals a network of corrupt individuals exploiting opportunities provided by deregulation, plundering hundreds of federally insured thrifts.
Despite efforts from some to limit deposit brokerage, the guilty have not been punished and little of the loot has been recovered.
This book is a powerful exposé that will leave readers with a newfound appreciation for the importance of responsible financial practices and the need for accountability in government.
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