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The Greatest-Ever Bank Robbery: The Collapse of the Savings and Loan Industry

Mayer, Martin

16 ratings by Goodreads
ISBN 10: 0684191520 / ISBN 13: 9780684191522
Published by Charles Scribner's Sons, New YOrk, 1990
Condition: Very good Hardcover
From Ground Zero Books, Ltd. (Silver Spring, MD, U.S.A.)

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About this Item

xii, 354 p Notes. Index. In this account of the US savings and loan industry collapse, Mayer details how the disaster came about, who is to blame, and what-if anything-the American tax-paying public can do about it. Bookseller Inventory # 61361

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Bibliographic Details

Title: The Greatest-Ever Bank Robbery: The Collapse...

Publisher: Charles Scribner's Sons, New YOrk

Publication Date: 1990

Binding: Hardcover

Book Condition: Very good

Dust Jacket Condition: very good

Edition: First edition. First printing [stated].

About this title


Traces the events, policies, and players in the savings and loan scandal, exposing the duplicity of thrift operators, lawyers, and politicians, and criticizing current plans for reform of the banking system

From Publishers Weekly:

Mayer ( The Bankers ) here sounds a roaring indictment of grand thievery in the deregulated savings and loan industry, for which taxpayers are being billed billions in restitution costs for scores of S & L failures. Citing Charles H. Keating's Lincoln S & L among many others, Mayer not only denounces enormous profits based on Federal Deposit Insurance but suggests that members of Congress, bank regulators, Wall Street investment bankers and top accounting and legal firms condoned the pyramiding of speculative, overvalued and even nonexistent assets--all in return for campaign contributions, huge fees and self-perpetuating commissions. Names are named and nuts and bolts revealed, but the book's greatest virtue at times becomes its only drawback: the numbingly detailed intricacies--and blatant knavery--of each case history is almost beyond comprehension. BOMC and Fortune Book Club alternates.
Copyright 1990 Reed Business Information, Inc.

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Founded and operated by trained historians, Ground Zero Books, Ltd., serves the book collector, the scholar, and institutions. We focus on the individual, and pride ourselves on our personal service. Please contact us with your wants, as we have many books not yet listed in our database.

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