High Rollers

High Rollers

EnglishHardbackPrint on demand
Lowy Martin
Bloomsbury Publishing PLC
EAN: 9780275939885
Print on demand
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Detailed information

Lowy avoids the easy answers, like blaming it on fraud and greed, and explains how something of this magnitude could occur under the noses of those who should have protected the taxpayer.

Paul M. Horvitz, University of Houston

Market forces, not scoundrels, destroyed the savings and loan business. So says Martin Lowy in what is truly an inside look at the savings and loan crisis. Drawing upon his experience as a practicing attorney, bank officer, and savings and loan director, Lowy provides an expert account of the problems that have overwhelmed the nation's savings institutions and their government regulators.

High Rollers is the first book on the S&L crisis that provides an analytical groundwork for technical and nontechnical readers--so that both can comprehend what happened. Lowy's clear, readable style allows him to quickly describe the origins of the problems in new market forces and new technologies, and how the problems grew out of control as a result of regulatory mistakes and congressional inaction. Even his discussions of real estate lending practices and accounting issues are, in the words of Professor Horvitz, both clear to the novice and instructive to the professional.

EAN 9780275939885
ISBN 027593988X
Binding Hardback
Publisher Bloomsbury Publishing PLC
Publication date July 30, 1991
Pages 336
Language English
Country United States
Authors Lowy Martin
Manufacturer information
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