Overdrawn: The Bailout of American Savings

Michael A. Robinson, Author Plume Books $10.95 (320p) ISBN 978-0-452-26695-7
American Savings, formerly a small Southern California savings-and-loan, was a juggernaut worth $30 billion when its parent company filed for bankruptcy in 1988; a portfolio comprised of billions in bad debt was revealed. ``In a disquieting tale of corporate greed and government neglect, journalist Robinson . . . places the crisis-triggering deregulation within a larger context of economic mismanagement,'' said PW. (Nov.)
Reviewed on: 11/04/1991
Release date: 11/01/1991
Hardcover - 303 pages - 978-0-525-24903-0
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