Irvine H Sprague: 1 book
Bailout
An Insider's Account of Bank Failures and Rescues
Language: English
Release Date: July 1, 2018
During the high interest times of the 1970s and 1980s, banks and savings and loan associations were under heavy financial pressure. Hundreds of them failed. The Home Loan Bank Board permitted the savings and loan associations to treat goodwill as capital, thereby allowing them to remain open and to...
