Inside Job: The Looting Of America's Savings And Loans

Inside Job: The Looting of America's Savings and LoansPresident Reagan glanced over the audience gathered in the Rose Garden that warm October morning in 1982 and smiled. He was about to deliver on his campaign promise to get Government off the back of business. He was signing into law one of his Administration's major pieces of deregulation legislation. The Garn--St Germain act would sweep away 50 years of savings-and-loan regulatory law that Reagan believed was preventing thrifts from competin...