The Crisis of American Savings & Loan Associations: A Comprehensive Analysis (Paperback) (ISBN-13: 9783631336519)

The aim of this thesis is to show the reasons and causes of the S&Ls crisis during the decade of the 80's. It had been various individual facts, factors and also their interaction and mutual influence, that played a role in making the crisis. A comparison between S&Ls and German Mortgage Banks in the aspects mortgage types, project financing and capital requirements shows that it had been the prevailing circumstances of the S&Ls branch, which favoured the emergence and course of the S&Ls crisis. With the Principal-Agent Theory cooperative designs can be used for the mutual cooperation of S&Ls and their supervisory agencies and risk reduction within the sector.

Author: Karsten Turck
ISBN-10: 3631336519
ISBN-13: 9783631336519
Publisher: Peter Lang Gmbh, Internationaler Verlag Der W
Language: English
Published: 07/01/1998
Pages: 179
Format: Paperback