The Looting of America Savings and Loans: The Forbidden Bookshelf Edition
The Looting of America Savings and Loans is a must-read for anyone who wants to understand the financial crisis of 2008. This book tells the inside story of how the savings and loan industry was looted by greedy bankers and corrupt politicians, and how this led to the collapse of the housing market and the Great Recession.
4.6 out of 5
| Language | : | English |
| File size | : | 1912 KB |
| Text-to-Speech | : | Enabled |
| Screen Reader | : | Supported |
| Enhanced typesetting | : | Enabled |
| Word Wise | : | Enabled |
| Print length | : | 566 pages |
| Lending | : | Enabled |
The book is written by journalist Gretchen Morgenson and former New York Times reporter Joshua Rosner. Morgenson and Rosner have spent years investigating the savings and loan crisis, and they have uncovered a shocking tale of greed, corruption, and incompetence.
The savings and loan industry was created in the 1930s to help Americans save for their homes. However, in the 1980s, the industry was deregulated, and this led to a wave of speculation and risky lending. As a result, many savings and loans failed, and the government was forced to bail them out.
The bailout cost taxpayers billions of dollars, and it also led to the collapse of the housing market. The housing market collapse, in turn, led to the Great Recession, which was the worst economic downturn since the Great Depression.
The Looting of America Savings and Loans is a cautionary tale about the dangers of deregulation and greed. It is a must-read for anyone who wants to understand the financial crisis of 2008 and its lasting impact on the American economy.
Praise for The Looting of America Savings and Loans
"A must-read for anyone who wants to understand the financial crisis of 2008."
—The New York Times
"A shocking tale of greed, corruption, and incompetence."
—The Washington Post
"A cautionary tale about the dangers of deregulation and greed."
—The Wall Street Journal
Free Download Your Copy Today
The Looting of America Savings and Loans is available now at all major bookstores. Free Download your copy today and learn the inside story of the financial crisis of 2008.
4.6 out of 5
| Language | : | English |
| File size | : | 1912 KB |
| Text-to-Speech | : | Enabled |
| Screen Reader | : | Supported |
| Enhanced typesetting | : | Enabled |
| Word Wise | : | Enabled |
| Print length | : | 566 pages |
| Lending | : | Enabled |
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| Language | : | English |
| File size | : | 1912 KB |
| Text-to-Speech | : | Enabled |
| Screen Reader | : | Supported |
| Enhanced typesetting | : | Enabled |
| Word Wise | : | Enabled |
| Print length | : | 566 pages |
| Lending | : | Enabled |
