||21 of 21 people found the following review helpful.| We learned nothing from the S & L crisis.|By Ames Gilbert|Bill Black shows how internal control fraud by leaders of the saving and loan companies worked, and how they fooled or co-opted the regulators, big accounting firms and politicians. I found it an exciting story as the battle for accountability ebbed and flowed, and the courage of the 'few' against the established way||Persons interested in the economics of fraud, the S&L debacle, the problems of financial regulation, and microeconomics more broadly will find this book to be very important. It is a marvelous combination of insider experiences, well-grounded generalizations
In this expert insider’s account of the savings and loan debacle of the 1980s, William Black lays bare the strategies that corrupt CEOs and CFOs—in collusion with those who have regulatory oversight of their industries—use to defraud companies for their personal gain. Recounting the investigations he conducted as Director of Litigation for the Federal Home Loan Bank Board, Black fully reveals how Charles Keating and hundreds of other S&L owners took...
[PDF.bm59] The Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry Rating: 4.91 (799 Votes)
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You can specify the type of files you want, for your device.The Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry | William K. Black. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.