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Egads! The S&L scandal lives! - savings and loan crisis The creation of the Office of Thrift Supervision in 1989 was intended to end regulatory problems and to prevent another savings and loan crisis. Examiners ......(Continue Reading)Move over, Charles Keating - causes of the savings and loan scandal Special interest groups and savings and loan lobbyists produced a climate for the S&L debacle long before Charles Keating was involved. They persuaded Congress to keep interest rates low and deposit r...(Continue Reading)Milking Milken again - Michael R. Milken; real source of blame for savings and loan scandal - editorial Blame for the savings and loan scandal brought on by failure of junk bonds should be attributed to far more sources than Michael R. Milken. The willing ......(Continue Reading)Legal loan sharking or essential service? The great "payday loan" controversy FEW THINGS FIRE up professional consumer advocates as quickly as a whisper of "payday lending." "Payday loans are a transfer of wealth from the poor ......(Continue Reading)Easy money: a little thing like bad credit won't cost you a mortgage loan Mortgages to people with imperfect credit have increased 40% between 1995 and 1997. These 'subprime' borrowers are attractive to mortgage companies because ......(Continue Reading) |