Stock Image

S & L Hell: The People and the Politics Behind the $1 Trillion Savings and Loan Scandal

Day, Kathleen

19 ratings by Goodreads
ISBN 10: 0393029824 / ISBN 13: 9780393029826
Published by W W Norton & Co Inc, Scranton, Pennsylvania, U.S.A., 1993
New Condition: New Hardcover
From PORT HOLE BOOKS and PUBLISHING (Florence, OR, U.S.A.)

AbeBooks Seller Since November 12, 1999

Quantity Available: 1

Buy New
List Price: US$ 24.95
Price: US$ 35.00 Convert Currency
Shipping: US$ 4.50 Within U.S.A. Destination, Rates & Speeds
Add to basket

30 Day Return Policy

About this Item

New first Edition hardback, New - DJ, almost undetectable rubbing from shelf wear front & back, tape reinforced top and bottom inside. Bookseller Inventory # 035218

Ask Seller a Question

Bibliographic Details

Title: S & L Hell: The People and the Politics ...

Publisher: W W Norton & Co Inc, Scranton, Pennsylvania, U.S.A.

Publication Date: 1993

Binding: Hardcover

Book Condition:New

Dust Jacket Condition: New

Edition: 1st Edition

About this title

Synopsis:

A far reaching account of the savings and loan crisis that speculates on the many devious motivations of all involved, from the President of the US on down. The author, a Washington Post reporter, tells the tale in an unforgiving, even accusing manner, but his evidence is rarely circumstantial. A very disturbing book that reveals a lot about how, at least in this instance, government and business failed to serve the people. Annotation copyright Book News, Inc. Portland, Or.

From the Back Cover:

The savings and loan mess is the greatest financial scandal in our nation's history. Over the course of the 1980s, that mess grew from a relatively modest problem early in the Reagan presidency to one that will cost an unimaginable $1 trillion - $4,000 for every man, woman, and child in the United States. S & L Hell offers the most complete account of the causes of the catastrophe, spotlighting the role of the bumbling regulators, greedy thrift operators, sleazy lobbyists, venal and foolish politicians, presidents and a White House staff that consistently ignored the disaster - and the few heroes who struggled gamely to combat the looming problem. Its account is told through the stories of the leading players, men like the S&L president who dressed like a king and served his guests lion and antelope meat; the U.S. League of Savings Institutions, lobbyists who spread money (and much more) through the halls of the Capitol; the powerful representatives and senators, cutting deals in hallways, cloakrooms, and remote offices, "lawmakers" whose roles the scandal helped drive from office; the happy-go-lucky public relations man in over his head, who, as chairman of the Federal Home Loan Bank Board, found himself called upon to prevent a fiscal collapse of epic proportions. And the role that George Bush and his son Neil played in the debacle - a role much larger than the public has been made aware. By taking the reader into agency back offices and congressional committee rooms where the crucial decisions were being made - such as that to raise FDIC insurance to $100,000 - S & L Hell also explores questions of continuing importance: the inevitable dangers when regulators first coddle, then fallunder the control of the industry that they are charged with policing, and when elected officials become beholden to special interests through campaign contributions and other often bizarre special favors. Told against the background of convulsive changes in the American financial system that doomed the mom-and-pop thrifts glorified in Its a Wonderful Life, S & L Hell's panorama of bankers and prostitutes, of members of Congress and Cabinet secretaries, is the ultimate story of greed in the 1980s - a story that we all will pay for over the decades to come.

"About this title" may belong to another edition of this title.

Store Description

New, Used and Rare; General and Religious; Western and Regional (Oregon, Montana, Northwest) Downtown storefront; Walk-ins, mail-order; large inventory in historic Florence and Gardiner, Oregon. Store owner, ELLEN TRAYLOR, is a bestselling author of Biblical novels; She is happy to provide signed copies for collectors. Port Hole Publishing is a full service publishing house. Let Us Publish Your Book! Visit our homepage at http://www.ellentraylor.com; also visit our publishing site: http://www.portholepublications.com; Port Hole Publications publishes family-friendly books of all genres; Let Us Publish Your Book! Please visit ELLEN TRAYLOR's homepage at http://portholebooks.com.

Visit Seller's Storefront

Terms of Sale:

Cash, check, money order; Visa/Mastercard/Novus/Discover; shipping may be higher
for oversized books. USA returns must be postmarked within 14 days of our shipping
date, and will be accepted only if book does not meet description. Overseas
returns accepted only if book does not meet description (please contact us before
shipping). All returns must be in same condition as received.


Shipping Terms:

Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.

List this Seller's Books

Payment Methods
accepted by seller

Visa Mastercard American Express

Check Money Order PayPal