{"product_id":"shortfall-alice-echols-9781620973035","title":"Shortfall: Family Secrets, Financial Collapse, and a Hidden History of American Banking","description":"\u003cb\u003eThe rollicking true story of a 1930s version of Bernie Madoff--and the building and loan crash he helped precipitate--in a wonderful work of narrative nonfiction by the Gustavus Myers book award winner\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cem\u003eShortfall\u003c\/em\u003e opens with a surprise discovery in an attic--boxes filled with letters and documents hidden for more than seventy years--and launches into a fast-paced story that uncovers the dark secrets in Echols's family--an upside-down version of the building and loan story at the center of Frank Capra's 1946 movie, \u003cem\u003eIt's a Wonderful Life\u003c\/em\u003e. In a narrative filled with colorful characters and profound insights into the American past, \u003cem\u003eShortfall\u003c\/em\u003e is also the essential backstory to more recent financial crises, from the savings and loan debacle of the 1980s and 1990s to the subprime collapse of 2008.\u003c\/p\u003e \u003cp\u003e\u003cem\u003eShortfall\u003c\/em\u003e chronicles the collapse of the building and loan industry during the Great Depression--a story told in microcosm through the firestorm that erupted in one hard-hit American city during the early 1930s. Over a six-month period in 1932, all four of the building and loan associations in Colorado Springs, Colorado, crashed in an awful domino-like fashion, leaving some of the town's citizens destitute. The largest of these associations was owned by author Alice Echols's grandfather, Walter Davis, who absconded with millions of dollars in a case that riveted the national media. This book tells the dramatic story of his rise and shocking fall.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Alice Echols\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1620973030\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781620973035\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e New Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 10\/03\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 320\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.10lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.30h x 5.70w x 1.20d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eKirkus Reviews\u003c\/i\u003e 08\/01\/2017\u003cbr\u003e\u003ci\u003ePublishers Weekly\u003c\/i\u003e 08\/14\/2017\u003cbr\u003e\u003ci\u003eBooklist\u003c\/i\u003e 10\/01\/2017 pg. 8\u003cbr\u003e\u003ci\u003eLibrary Journal\u003c\/i\u003e 10\/15\/2017 pg. 90\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 02\/01\/2018","brand":"Alice Echols","offers":[{"title":"Hardcover","offer_id":44067839148287,"sku":"9781620973035","price":26.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_42c69f29-26aa-4bfd-b2a5-78b55859342f.jpg?v=1685415640","url":"https:\/\/www.whiterainbookhouse.com\/products\/shortfall-alice-echols-9781620973035","provider":"WR Book House","version":"1.0","type":"link"}