The savings and loan crisis and the banking troubles of the 1980s and early 1990s were not primarily due to fraud, deregulation, inadequate supervision, overly exuberant lending, abrupt changes in tax policies or a host of other short-term causes. All of these factors certainly exacerbated and, in some cases triggered, the problems of depository institutions. But the underlying fundamental reason for the thrift crisis and banking troubles, argues banking and financial analyst David S. Holland, was a form of excess capacity that resulted from many decades of protection from the rigors of...
The savings and loan crisis and the banking troubles of the 1980s and early 1990s were not primarily due to fraud, deregulation, inadequate supervi...
Want an uplifting account of one young Army officer's service in the Vietnam War? "Vietnam, A Memoir: Saigon Cop," is not it. The focus of this book and of two later volumes in the series is war stripped of glory, high purpose, inspiration, and easy but false patriotism. Instead, the focus is on five Bs: booze, babes, boredom, bureaucracy, and occasionally battle. Heroes are few. Hyperbole is minimal.
Yet the tale is an unusual one. The author was an ROTC graduate with no long term Army commitment. After serving a year as a Military Police platoon leader in Saigon, a period that is the...
Want an uplifting account of one young Army officer's service in the Vietnam War? "Vietnam, A Memoir: Saigon Cop," is not it. The focus of this book a...
"Vietnam, A Memoir: Airborne Trooper" is the second work of a trilogy on one young Army officer's service in the Vietnam War. The first volume, "Saigon Cop," covers his year as a Military Police platoon leader in Saigon. The third volume, "Mekong Mud Soldier," describes the war seen by an American advisor to a Vietnamese unit in the wet Mekong Delta. Together, the three books tell a tale of war stripped of glory, high purpose, inspiration, and superficial patriotism. The focus is instead on five Bs: booze, babes, boredom, bureaucracy, and occasionally battle.
In Airborne Trooper, the...
"Vietnam, A Memoir: Airborne Trooper" is the second work of a trilogy on one young Army officer's service in the Vietnam War. The first volume, "Saigo...
What caused the financial difficulties that exploded on the world's economies in 2007-2008 and that in the United States produced the Great Recession? Providing mortgages to unqualified borrowers has been blamed. So have complex financial instruments and strategies that few understood, and weird financial insurance products with names like credit default swaps. Also lax supervision, unfocused regulation, greed on Wall Street, greed on Main Street, accounting rules, maybe laissez faire government, maybe over-reaching government, probably some ideological hostility to government oversight in...
What caused the financial difficulties that exploded on the world's economies in 2007-2008 and that in the United States produced the Great Recession?...
