From Buildings and Loans to Bail-Outs: A History of the American Savings and Loan Industry, 1831-1995

ISBN-13: 9780521827546 / Angielski / Twarda / 2004 / 362 str.

David Mason

Opis

This first complete history of the American thrift industry traces its development from its origins in the mid-nineteenth century through the resolution of the savings and loan crisis in the 1990s. Because S&Ls offer affordable forms of consumer finance, these institutions have helped millions of people achieve the "American Dream" of home ownership. Although the thrift crisis of the 1980s and early 1990s dealt a severe blow to the financial health and reputation of the industry, this book reveals the ways government resolved it, and how the industry was reinvented in its aftermath.

Recenzje

"Anyone studying the savings and loan industry in the United States will have to consult this book. Its lengthy footnotes, as well as its text, serve as a valuable guide for researchers." - American Historical Review, Marc Egnal, York University

Spis treści

Introduction; 1. A movement takes shape, 1831–99; 2. The rise of the league, 1900–29; 3. From State to Federal oversight; 4. The movement becomes an industry, 1930–45; 5. The glory years, 1946–55; 6. External challenges and internal divisions, 1956–66; 7. Lost opportunities, 1967–79; 8. Deregulation and disaster 1979–88; 9. Resolving the crisis, restoring the confidence, 1989–95; 10. The American savings and loan industry in perspective; Appendices; Bibliography; Index.