JavaScript is disabled for your browser. Some features of this site may not work without it.
  • About K
  • Academics
  • Admission
  • Alumni Relations
  • Giving to K
  • News & Events
  • Student Life
  • HORNET HIVE
  • ATHLETICS
  • SITEMAP
  • WEBMAIL
    • Login
    View Item 
    •   CACHE Homepage
    • Academic Departments, Programs, and SIPs
    • Economics and Business
    • Economics and Business Senior Integrated Projects
    • View Item
    •   CACHE Homepage
    • Academic Departments, Programs, and SIPs
    • Economics and Business
    • Economics and Business Senior Integrated Projects
    • View Item

    Deregulation, Insolvency and Greed: A Review of the Savings and Loan Crisis on the 1980's

    Thumbnail
    View/Open
    Searchable PDF / Kalamazoo College Only (2.013Mb)
    Date
    1990
    Author
    Stein, Simon L.
    Metadata
    Show full item record
    Abstract
    This paper is divided into three parts. The first part outlines the causes of the Savings and Loan shakeup in 1980. In this section the effects of deregulation are addressed as well as the issues of climbing interest rates. Other factors are considered as well such as the difficulties thrift institutions had "covering the spread" between interest received and interest paid. The second segment of part I outlines the issues of the second crisis. The second crisis is a direct result of the abuse of FSLIC deposit insurance, as well as a general lack of net worth in the thrift industry. The issue is further compounded by the lack of prompt action taken by supervisory members of the FSLIC and the bank board. In addition, the second segment of part I addresses possible solutions and analyzes the state of the industry today. The certainty of a thrift industry in the future is uncertain. Government forces are slow to move on a problem that could cost as much as $300 billion to repair. Part II of the Senior Project describes the workings of the Reynolds-Wells Corporation and its quest to provide real estate financing services. The steps of a transaction are outlined from start to finish. Further, my own contributions to the company are discussed. Part III of the Senior Project discusses some of my goals and plans for the future. More specifically, the areas of future course work, graduate school, employment, and life after Kalamazoo College are touched upon. Appendix A is composed of sample "tombstone" advertisements created by myself for implementation in various trade journals.
    URI
    http://hdl.handle.net/10920/27688
    Collections
    • Economics and Business Senior Integrated Projects [1202]

    Browse

    All of CACHECommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    Login

    DSpace software copyright © 2002-2023  DuraSpace
    DSpace Express is a service operated by 
    Atmire NV
    Logo

    Kalamazoo College
    1200 Academy Street
    Kalamazoo Michigan 49006-3295
    USA
    Info 269-337-7000
    Admission 1-800-253-3602

    About K
    Academics
    Admission
    Alumni Relations
    Giving to K
    News & Events
    Student Life
    Sitemap
    Map & Directions
    Contacts
    Directories
    Nondiscrimination Policy
    Consumer Information
    Official disclaimer
    Search this site


    Academic Calendars
    Apply
    Bookstore
    Crisis Response
    Employment
    Library
    Registrar
    DSpace Express is a service operated by 
    Atmire NV