The Best Way to Rob a Bank Is to Own One : : How Corporate Executives and Politicians Looted the S&L Industry / / William K. Black.
In this expert insider’s account of the savings and loan debacle of the 1980s, William Black lays bare the strategies that corrupt CEOs and CFOs—in collusion with those who have regulatory oversight of their industries—use to defraud companies for their personal gain. Recounting the investigations h...
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Place / Publishing House: | Austin : : University of Texas Press, , [2021] ©2013 |
Year of Publication: | 2021 |
Edition: | Updated Edition |
Language: | English |
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Black, William K., author. aut http://id.loc.gov/vocabulary/relators/aut The Best Way to Rob a Bank Is to Own One : How Corporate Executives and Politicians Looted the S&L Industry / William K. Black. Updated Edition Austin : University of Texas Press, [2021] ©2013 1 online resource text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Abbreviations -- Preface -- Acknowledgments -- Chapter 1 Theft by Deception: Control Fraud in the S&L Industry -- Chapter 2 “Competition in Laxity” -- Chapter 3 The Most Unlikely of Heroes -- Chapter 4 Keating’s Unholy War against the Bank Board -- Chapter 5 The Texas Control Frauds Enlist Jim Wright -- Chapter 6 “The Faustian Bargain” -- Chapter 7 The Miracles, the Massacre, and the Speaker’s Fall -- Chapter 8 M. Danny Wall: “Child of the Senate” -- Chapter 9 Final Surrender: Wall Takes Up Neville Chamberlain’s Umbrella -- Chapter 10 It’s the Things You Do Know, But Aren’t So, That Cause Disasters -- Afterword -- Appendix A. Keating’s Plan of Attack on Gray and Reregulation -- Appendix B. Hamstringing the Regulator -- Appendix C. Get Black . . . Kill Him Dead -- Notes -- Names and Terms -- References -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star In this expert insider’s account of the savings and loan debacle of the 1980s, William Black lays bare the strategies that corrupt CEOs and CFOs—in collusion with those who have regulatory oversight of their industries—use to defraud companies for their personal gain. Recounting the investigations he conducted as Director of Litigation for the Federal Home Loan Bank Board, Black fully reveals how Charles Keating and hundreds of other S&L owners took advantage of a weak regulatory environment to perpetrate accounting fraud on a massive scale. In the new afterword, he also authoritatively links the S&L crash to the business failures of 2008 and beyond, showing how CEOs then and now are using the same tactics to defeat regulatory restraints and commit the same types of destructive fraud. Black uses the latest advances in criminology and economics to develop a theory of why “control fraud”—looting a company for personal profit—tends to occur in waves that make financial markets deeply inefficient. He also explains how to prevent such waves. Throughout the book, Black drives home the larger point that control fraud is a major, ongoing threat in business that requires active, independent regulators to contain it. His book is a wake-up call for everyone who believes that market forces alone will keep companies and their owners honest. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Apr 2022) BUSINESS & ECONOMICS / Economic History. bisacsh Title is part of eBook package: De Gruyter University of Texas Press eBook-Package Backlist 2000-2013 9783110745344 https://doi.org/10.7560/754188 https://www.degruyter.com/isbn/9780292754195 Cover https://www.degruyter.com/document/cover/isbn/9780292754195/original |
language |
English |
format |
eBook |
author |
Black, William K., Black, William K., |
spellingShingle |
Black, William K., Black, William K., The Best Way to Rob a Bank Is to Own One : How Corporate Executives and Politicians Looted the S&L Industry / Frontmatter -- Contents -- Abbreviations -- Preface -- Acknowledgments -- Chapter 1 Theft by Deception: Control Fraud in the S&L Industry -- Chapter 2 “Competition in Laxity” -- Chapter 3 The Most Unlikely of Heroes -- Chapter 4 Keating’s Unholy War against the Bank Board -- Chapter 5 The Texas Control Frauds Enlist Jim Wright -- Chapter 6 “The Faustian Bargain” -- Chapter 7 The Miracles, the Massacre, and the Speaker’s Fall -- Chapter 8 M. Danny Wall: “Child of the Senate” -- Chapter 9 Final Surrender: Wall Takes Up Neville Chamberlain’s Umbrella -- Chapter 10 It’s the Things You Do Know, But Aren’t So, That Cause Disasters -- Afterword -- Appendix A. Keating’s Plan of Attack on Gray and Reregulation -- Appendix B. Hamstringing the Regulator -- Appendix C. Get Black . . . Kill Him Dead -- Notes -- Names and Terms -- References -- Index |
author_facet |
Black, William K., Black, William K., |
author_variant |
w k b wk wkb w k b wk wkb |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Black, William K., |
title |
The Best Way to Rob a Bank Is to Own One : How Corporate Executives and Politicians Looted the S&L Industry / |
title_sub |
How Corporate Executives and Politicians Looted the S&L Industry / |
title_full |
The Best Way to Rob a Bank Is to Own One : How Corporate Executives and Politicians Looted the S&L Industry / William K. Black. |
title_fullStr |
The Best Way to Rob a Bank Is to Own One : How Corporate Executives and Politicians Looted the S&L Industry / William K. Black. |
title_full_unstemmed |
The Best Way to Rob a Bank Is to Own One : How Corporate Executives and Politicians Looted the S&L Industry / William K. Black. |
title_auth |
The Best Way to Rob a Bank Is to Own One : How Corporate Executives and Politicians Looted the S&L Industry / |
title_alt |
Frontmatter -- Contents -- Abbreviations -- Preface -- Acknowledgments -- Chapter 1 Theft by Deception: Control Fraud in the S&L Industry -- Chapter 2 “Competition in Laxity” -- Chapter 3 The Most Unlikely of Heroes -- Chapter 4 Keating’s Unholy War against the Bank Board -- Chapter 5 The Texas Control Frauds Enlist Jim Wright -- Chapter 6 “The Faustian Bargain” -- Chapter 7 The Miracles, the Massacre, and the Speaker’s Fall -- Chapter 8 M. Danny Wall: “Child of the Senate” -- Chapter 9 Final Surrender: Wall Takes Up Neville Chamberlain’s Umbrella -- Chapter 10 It’s the Things You Do Know, But Aren’t So, That Cause Disasters -- Afterword -- Appendix A. Keating’s Plan of Attack on Gray and Reregulation -- Appendix B. Hamstringing the Regulator -- Appendix C. Get Black . . . Kill Him Dead -- Notes -- Names and Terms -- References -- Index |
title_new |
The Best Way to Rob a Bank Is to Own One : |
title_sort |
the best way to rob a bank is to own one : how corporate executives and politicians looted the s&l industry / |
publisher |
University of Texas Press, |
publishDate |
2021 |
physical |
1 online resource |
edition |
Updated Edition |
contents |
Frontmatter -- Contents -- Abbreviations -- Preface -- Acknowledgments -- Chapter 1 Theft by Deception: Control Fraud in the S&L Industry -- Chapter 2 “Competition in Laxity” -- Chapter 3 The Most Unlikely of Heroes -- Chapter 4 Keating’s Unholy War against the Bank Board -- Chapter 5 The Texas Control Frauds Enlist Jim Wright -- Chapter 6 “The Faustian Bargain” -- Chapter 7 The Miracles, the Massacre, and the Speaker’s Fall -- Chapter 8 M. Danny Wall: “Child of the Senate” -- Chapter 9 Final Surrender: Wall Takes Up Neville Chamberlain’s Umbrella -- Chapter 10 It’s the Things You Do Know, But Aren’t So, That Cause Disasters -- Afterword -- Appendix A. Keating’s Plan of Attack on Gray and Reregulation -- Appendix B. Hamstringing the Regulator -- Appendix C. Get Black . . . Kill Him Dead -- Notes -- Names and Terms -- References -- Index |
isbn |
9780292754195 9783110745344 |
url |
https://doi.org/10.7560/754188 https://www.degruyter.com/isbn/9780292754195 https://www.degruyter.com/document/cover/isbn/9780292754195/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
332 - Financial economics |
dewey-full |
332.320973 |
dewey-sort |
3332.320973 |
dewey-raw |
332.320973 |
dewey-search |
332.320973 |
doi_str_mv |
10.7560/754188 |
oclc_num |
1286806221 |
work_keys_str_mv |
AT blackwilliamk thebestwaytorobabankistoownonehowcorporateexecutivesandpoliticianslootedtheslindustry AT blackwilliamk bestwaytorobabankistoownonehowcorporateexecutivesandpoliticianslootedtheslindustry |
status_str |
n |
ids_txt_mv |
(DE-B1597)588220 (OCoLC)1286806221 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter University of Texas Press eBook-Package Backlist 2000-2013 |
is_hierarchy_title |
The Best Way to Rob a Bank Is to Own One : How Corporate Executives and Politicians Looted the S&L Industry / |
container_title |
Title is part of eBook package: De Gruyter University of Texas Press eBook-Package Backlist 2000-2013 |
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1770176147854721024 |
fullrecord |
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