For most Americans, the savings and loan industry is defined by the fraud, ineptitude, and failures of the 1980s. These events, however, overshadow a long history in which thrifts played a key role in helping thousands of households buy homes. First appearing in the 1830s, savings and loans, then known as building and loans, encouraged their working-class members to adhere to the principles of thrift and mutual cooperation as a way to achieve the 'American Dream' of home ownership. This book traces the development of this industry, from its origins as a movement of loosely affiliated collection of institutions, into a major element of America's financial markets. It also analyses how diverse groups of Americans, including women, ethnic-Americans, and African-Americans, used thrifts to improve their lives and elevate their positions in society. The book ends with an analysis of the efforts to rehabilitate the industry in the 1990s.
| Autorius: | David L. Mason |
| Leidėjas: | Cambridge University Press |
| Išleidimo metai: | 2015 |
| Knygos puslapių skaičius: | 362 |
| ISBN-10: | 052182754X |
| ISBN-13: | 9780521827546 |
| Formatas: | Knyga kietu viršeliu |
| Kalba: | Anglų |
| Žanras: | History of specific companies / corporate history |
Parašykite atsiliepimą apie „From Buildings and Loans to Bail-Outs“
