This paper discusses the Savings and Loan criss of the 1980's: Background, regulations, causes and effects, investors and solutions.
Written in 1991; 2,250 words; 14 sources; $ 79.95
From the Paper:
"During the decade of the 1980s, many experts estimate that at least $250 billion dollars was either stolen or remains unaccounted for by some of America's Savings and Loan institutions. If one multiplies that out for the population of the United states as a whole, the figure assessed every citizen would be well over $1,000 per person, of course, that does not account for the billions of dollars that will be spent on the interest payments over the next forty years, assuming that this problem will ever be solved. One immediately must ask just how this situation came into being and what the solutions are for its resolution. Surely, with the regulatory agencies in place, a crisis of this magnitude would be impossible to imagine. Republican Representative Jim Lewis of Iowa, for instance, who had been warning of this type of situation for many years, ... "
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