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Presents the inside story of the rash of failures of savings-and-loan institutions in the 1980s, written in a hard-news style by a nine-year veteran of The Wall Street Journal . Names the players in this game of monopoly where the money is real, including those highly-placed figures in government and finance. Documented here is a twisted tale of impotent regulation, financial mismanagement, political manipulation, fraud, and outright plunder.

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Library Journal Review

Adams, a free-lance journalist whose articles have appeared in The Wall Street Journal and Barron's , examines the current savings and loan debacle by looking at the history of American banking from the Great Depression to the present. Generally, the information here is similar to that offered in the other recently published books on this subject: Steven Pizzo and others' Inside Job ( LJ 9/15/89) and Paul Zane Pilzer with Robert Dietz's Other People's Money ( LJ 11/15/89 ) . All three books collectively provide a comprehensive history on this timely subject.-- Steven J. Mayover, Free Lib. of Philadelphia (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.