{"product_id":"the-great-savings-and-loan-james-r-barth-9780844770086","title":"The Great Savings and Loan Debacle (Special Analysis, 91-1)","description":"\u003cp\u003eDuring the 1980s, 525 insolvent savings and loans (S\u0026amp;Ls) were liquidated or sold at an enormous cost. Resolving the remaining troubled S\u0026amp;Ls could cost American taxpayers hundreds of billions. What went wrong with the industry? Are fraud and deregulation solely responsible for this financial disaster?\u003c\/p\u003e\u003cp\u003eIn this volume the author argues that federal deposit insurance itself is largely to blame: by permitting institutions to operate with inadequate capital, the system subsidizes weak institutions while increasing the risk to taxpayers. In addition, regulation and supervision prevent S\u0026amp;Ls from adapting to changing market forces.\u003c\/p\u003e\u003cp\u003eCongress, the administration, and the regulatory agencies, the author says, have created a flawed deposit insurance system and a rigid, outdated supervisory and regulatory structure. He recommends a thorough reexamination and restructuring that would protect both depositors and taxpayers and would allow the industry to respond to changes in the marketplace.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e James R. Barth\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0844770086\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780844770086\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e AEI Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/26\/1991\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 184\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.56lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.39d","brand":"James R. Barth","offers":[{"title":"Paperback","offer_id":44063419826431,"sku":"9780844770086","price":11.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_58819186-a2ec-4f3d-a344-10fefb86e0ce.jpg?v=1685389440","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-great-savings-and-loan-james-r-barth-9780844770086","provider":"WR Book House","version":"1.0","type":"link"}