2006 | OriginalPaper | Chapter
Tracking Down the Corporate Crooks
Authors : Bill Black, James Galbraith
Published in: Unbearable Cost
Publisher: Palgrave Macmillan UK
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President George W. Bush has reassured us that ‘From the antitrust laws of the 19th century to the S&L reforms of recent times, America has tackled financial problems when they appeared.’ But the Savings & Loan reforms came seven years and 150 billion taxpayer dollars late. Nor did that problem merely ‘appear’ It was created, by a deregulation bill in 1982, overseen at that time by the Vice President, the elder George Bush.