High Rollers: Inside The Savings And Loan Debacle

Hardcover | July 1, 1991

byMartin Lowy

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Market forces, not scoundrels, destroyed the savings and loan business. So says Martin Lowy in what is truly an inside look at the savings and loan crisis. Drawing upon his experience as a practicing attorney, bank officer, and savings and loan director, Lowy provides an expert account of the problems that have overwhelmed the nation's savings institutions and their government regulators. High Rollers is the first book on the S&L crisis that provides an analytical groundwork for technical and nontechnical readers--so that both can comprehend what happened. Lowy's clear, readable style allows him to quickly describe the origins of the problems in new market forces and new technologies, and how the problems grew out of control as a result of regulatory mistakes and congressional inaction. Even his discussions of real estate lending practices and accounting issues are, in the words of Professor Horvitz, "both clear to the novice and instructive to the professional."

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Market forces, not scoundrels, destroyed the savings and loan business. So says Martin Lowy in what is truly an inside look at the savings and loan crisis. Drawing upon his experience as a practicing attorney, bank officer, and savings and loan director, Lowy provides an expert account of the problems that have overwhelmed the nation's...

Format:HardcoverDimensions:336 pages, 9.76 × 6.34 × 1.2 inPublished:July 1, 1991Publisher:Praeger Publishers

The following ISBNs are associated with this title:

ISBN - 10:027593988X

ISBN - 13:9780275939885

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?In the burgeoning cottage industry of books explaining why it's no longer A Wonderful Life' in Bedford Falls, Martin Lowy, a veteran attorney, bank regulator and savings and loan director manages to look past the mirrors concealing the fundamental causes of a multi-decade thrift mess that will cost taxpayers at least $200 billion.??The Wall Street Journal