Call for National Commission of Inquiry to investigate the S&L scandal
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- Two tons of fun. Ivins, M.; Sealock, R. // Mother Jones;Sep/Oct90, Vol. 15 Issue 6, p20
Opinion. Discusses the humor in the $500 billion S&L disaster, including current jokes.
- No more bailouts! Nader, Ralph // Mother Jones;Sep/Oct90, Vol. 15 Issue 6, p22
Discusses the numerous cause-points that contributed to the S&L system breakdown, where an opportunity for greed developed, the checkpoints where safeguards could have been put into place but weren't, and immediate action that can be taken.
- More on the Keating Five. // Common Cause Magazine;Jul/Aug90, Vol. 16 Issue 4, p42
Discusses a brief filed with the Senate Select Committee on Ethics which outlines the Senate ethics standards applicable in the Keating Five case. Brief filed by Common Cause Chairman Archibald Cox; `Appearance' standard; Intervention standard.
- How you caused the S&L mess. Nocera, J. // Esquire;Nov90, Vol. 114 Issue 5, p73
Discusses how federal deposit insurance helped create the Savings and Loan scandal. How money in a brokered deposit account exacerbates the S&L crisis; How these compare to money-market funds.
- The 100 grand illusion. Miller, M. // Washington Monthly;Jul/Aug90, Vol. 22 Issue 6/7, p22
Discusses the reason federal deposit insurance has led to the savings and loan crisis, by transferring all credit risk to the taxpayer. Statistics; Basic banking structure; Impact of inflation; Ponzi-style risks; Lack of government supervision; Highlights of S&L bill; Political obstacles facing...
- The S & L black hole: How it will suck you in. Schurenberg, E.; Leuchter, M. // Money;Jul1990, Vol. 19 Issue 7, p68
Discusses how the savings and loan (S&L) crisis began and grew and how the bailout will affect taxes, home values and investments.
- Only $499.7 billion to go. Gilbert, J. // Money;Jan1991, Vol. 20 Issue 1, p26
Looks briefly at United States government efforts to reclaim money lost in the savings and loan scandal, through fines and restitution.
- Undoing the S&L deals. Hedges, S.J. // U.S. News & World Report;9/17/90, Vol. 109 Issue 11, p45
Reports that critics of the S&L bailout, outraged at expensive subsidies, want to renegotiate some of the deals made by the Federal Home Loan Bank Board in late 1988. Deals include 197 savings and loans; Conducting a fire sale that committed taxpayers to paying savvy investors $53 billion...
- Villains of the S&L crisis. Roberts, S.V.; Cohen, G. // U.S. News & World Report;10/1/90, Vol. 109 Issue 13, p53
Pictures 19 officials who have been part of the savings & loan coverup since the mid-70s and outlines, step by step, how the safeguards that were built into the system, failed. Fundamental flaws; Deregulation and delusion; Delay and delusion; Delay, then deception. INSET: Lessons from the...
