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Bailout: An Insider's Account of Bank Failures and Rescues (Paperback or Softbac - Picture 1 of 1

Bailout : An Insider's Account of Bank Failures and Rescues by Irvine H. Sprague (2000, Hardcover)

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About this product

Product Identifiers

PublisherBeard Books, Incorporated

ISBN-101587980177

ISBN-139781587980176

eBay Product ID (ePID)1714323

Product Key Features

Number of Pages312 Pages

Publication NameBailout : an Insider's Account of Bank Failures and Rescues

LanguageEnglish

Publication Year2000

SubjectBanks & Banking, Insurance / General

TypeTextbook

Subject AreaBusiness & Economics

AuthorIrvine H. Sprague

FormatHardcover

Dimensions

Item Height0.8 in

Item Weight13.5 Oz

Item Length8 in

Item Width5 in

Additional Product Features

Intended AudienceScholarly & Professional

LCCN00-039795

Dewey Edition21

IllustratedYes

Dewey Decimal332.1/2/0973

SynopsisDuring the high interest times in the 1970's and 1980's, the banks and the savings and loan associations were under heavy financial pressure. Hundreds of them failed. The Home Loan Bank Board permitted the savings and loan associations to treat goodwill as capital, thereby allowing them to remain open and to build up enormous losses that eventually cost the taxpayers billions of dollars. The Federal Deposit Insurance Corporation took a different approach. It closed the banks or sold them, all at no cost to the taxpayers. Bailout is the engrossing story of how the FDIC handled four of these failures. Book jacket.

LC Classification NumberHG2491.S67 2000