Inside Job is popular PDF and ePub book, written by Stephen Pizzo in 2015-09-29, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Inside Job can be Read Online from any device for your convenience.
Inside Job Book PDF Summary
New York Times Bestseller: A history of the S&L scandal that caused a financial disaster for American taxpayers: “Hard to put down” (Library Journal). For most of the 20th century, savings and loans were an invaluable thread of the American economy. But in the 1970s, Congress passed sweeping financial deregulation at the insistence of industry insiders that allowed these once quaint and useful institutions to spread their taxpayer-insured assets into new and risky investments. The looser regulations and reduced federal oversight also opened the industry to an army of shady characters, white-collar criminals, and organized crime groups. Less than 10 years later, half the nation’s savings and loans were insolvent, leaving the American taxpayer on the hook for a large hunk of the nearly half a trillion dollars that had gone missing. The authors of Inside Job saw signs of danger long before the scandal hit nationwide. Decades after the savings and loan collapse, Inside Job remains a thrilling read and a sobering reminder that our financial institutions are more fragile than they appear.
Detail Book of Inside Job PDF
- Author : Stephen Pizzo
- Release : 29 September 2015
- Publisher : Open Road Media
- ISBN : 9781504019910
- Genre : Political Science
- Total Page : 628 pages
- Language : English
- PDF File Size : 8,6 Mb
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