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The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S & L Industry

The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S & L Industry

by WilliamK.Black (Author)

Synopsis

In this expert insider

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More Information

Format: Paperback
 Pages: 351
 Edition: 1
 Publisher: University of Texas Press
Published: 01 Apr 2005
ISBN 10: 0292721390
ISBN 13: 9780292721395
Book Overview: Bill Black has detailed an alarming story about financial and political corruption...the lessons are as fresh as the morning newspaper. One of those lessons really sticks out: one brave man with a conscience could stand up for us all. -- Paul Volcker, former chairman of the Federal Reserve

Media Reviews
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, and the foundations of a broader research agenda. It merits a wide readership and, one hopes, sustained reflection on its arguments and conclusions. -- Robert E. Prasch Journal of Economic Issues
Author Bio
William K. Black is Associate Professor of Economics and Law at the University of Missouri-Kansas City. His leadership role in investigating the S&L crisis has been widely praised. He recently helped the World Bank develop anticorruption initiatives and served as an expert for Office of Federal Housing Enterprise Oversight in its enforcement action against Fannie Mae's former senior management.