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The Thrift Debacle

By Ned Eichler
Paperback
$39.95
By Ned Eichler
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The Thrift Debacle by Ned Eichler analyzes what he terms the greatest regulatory failure in American history: the collapse of the savings and loan industry and the enormous taxpayer burden created by the Federal Savings and Loan Insurance Corporation (FSLIC). Originally designed in the 1930s to stabilize the housing market during the Great Depression, FSLIC provided federal deposit insurance to thrifts, institutions whose main role was financing residential mortgages. For decades the system...

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