单词 | savings and loan |
例句 | Papá and Joe García borrowed money from a savings and loan company to buy a small tractor, tools, wood to build a shed to store them, and an outhouse. Breaking Through 2001-08-27T00:00:00Z OK, but that ignores the stunning stock market crash of the previous fall, and the burgeoning savings and loan crisis. The problem with 1980s nostalgia movies 2011-03-04T16:03:00Z In the 1980s, 1,100 people were prosecuted after the savings and loan crisis; in the wake of the 2008 financial crisis, only one top banker went to jail. A letter to my daughter: What I want you to know about freedom, fear and Donald Trump 2017-05-06T04:00:00Z The Resolution Trust Corporation followed similar policies in cleaning up the savings and loan crisis of the 1980s and early 1990s. Six reasons we may have another bank crisis 2012-08-20T17:53:00Z This raises another issue: WaMu was not a bank, but a savings and loan, or thrift institution. 'The Lost Bank:' the catastrophic collapse of Washington Mutual 2012-07-19T20:03:04Z Amid the savings and loan crisis of the 1980s, many buildings in Austin lay empty, and a sympathetic developer let her use a space rent-free, permitting her years of extensive innovation. A Composer and Her (Very) Long String Instrument 2020-05-01T04:00:00Z During the savings and loan crisis of the late 1980s, banks were allowed to fail, prosecutions were undertaken, and executives and employees were jailed. Six reasons we may have another bank crisis 2012-08-20T17:53:00Z "The film is as much about a restaurant as `It's a Wonderful Life' is about a savings and loan," he says. A bite at a time, Aasif Mandvi earning foodie cred 2012-06-07T15:01:13Z Asked why, he cited the unfavorable scrutiny of another son, Neil, who sat on the board of a failed savings and loan. George W. Bush’s ‘41: A Portrait of My Father’ 2014-11-19T05:00:00Z But there is no denying that it is so, in its very knowing demolition of the ideals of the sort of small-time savings and loan bank immortalised by Jimmy Stewart in It's a Wonderful Life. Ride a Cockhorse by Raymond Kennedy – review 2012-07-31T10:55:01Z New York’s oldest neighborhood was still a commercial center in the early 1990s, but Wall Street was nursing a hangover from the 1987 stock market crash and the savings and loan crisis. When Wall Street Was Unoccupied 2018-01-11T05:00:00Z She interviewed for a part-time job at a savings and loan. Three audacious women before audacious was in 2015-02-26T05:00:00Z On Lenders Appreciation Day, call up a savings and loan, offer to throw them a party, then call back and tell them they don’t qualify. Style Invitational Week 1153: Be three-paired 2015-12-09T05:00:00Z She attacked Wilson for accepting large campaign contributions from the owners of savings and loans, an industry then rife with scandal. Dianne Feinstein, the first woman in the Senate from California, has died 2023-09-29T04:00:00Z The sector often includes companies such as larger banks, savings and loans, asset management companies, credit services and investment brokerage firms. Hedge funds drop short trades on U.S. regional banks - Goldman 2023-09-04T04:00:00Z Bush’s six children, was an outside director at a failed savings and loan association that came under scrutiny of federal regulators in the 1990s. Booze, drugs, a pet snake and foreign dealings: Families can cause headaches for a White House 2023-06-20T04:00:00Z Bush's son Neil, who directed a failed savings and loan, and Richard Nixon's brother Don, who was rescued from business failures by wealthy businessman Howard Hughes. Hunter Biden agrees to plead guilty on two income tax charges 2023-06-20T04:00:00Z The recent banking crisis resembles the savings and loan crisis of the 1980s which played out for a much longer period. Man Group CEO says central banks have made little difference to inflation 2023-06-07T04:00:00Z The Reagan administration ended with the huge savings and loan crisis. Noam Chomsky on "savage capitalism": From climate change to bank failures to war 2023-04-11T04:00:00Z Later that year, Mr. Dimon agreed to buy Washington Mutual, then the largest U.S. savings and loan. Jamie Dimon Reprises 2008 Role as Bank Crisis Savior 2023-03-30T04:00:00Z That plan actually was Scott Boras’ plan, the agent who targeted the Nationals owner early as his latest savings and loan. LOVERRO: Lerner’s Nationals legacy is a dollop of misery with a dash of World Series glory 2023-03-29T04:00:00Z We also saw these distortions with the collapse of the savings and loan sector. Opinion | What lessons from a 1988 crisis tell us about today’s banking system 2023-03-22T04:00:00Z Three decades ago, cleaning up the mess left by the mass collapse of savings and loan institutions is estimated to have cost U.S. taxpayers more than $100 billion. Opinion | From bank runs to a credit crunch, the financial future looks bleak 2023-03-17T04:00:00Z Even though WaMu acted like a bank in many ways, it was a savings and loan. How Silicon Valley Bank echoes WaMu and the Panic of 2008 2023-03-17T04:00:00Z In his annual letter to investors, BlackRock CEO Larry Fink pointed to prior eras of rising rates that led to “spectacular financial flameouts,” such as the savings and loan crisis of the 1980s. Asian stocks fall after Wall St sinks on new bank fears 2023-03-15T04:00:00Z Nonetheless, poor George had to use his honeymoon money to keep the savings and loan open. Advice | Four money rules when financial news is making you nervous 2023-03-15T04:00:00Z During the savings and loan crisis, forbearance ended up swelling the sector losses. Opinion | What lessons from a 1988 crisis tell us about today’s banking system 2023-03-22T04:00:00Z Previous Fed cycles of rapid interest rate tightening “led to spectacular financial flameouts” like the bankruptcy of Orange County, Calif., in 1994, he wrote, and the savings and loan crisis of the 1980s and ’90s. Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal 2023-03-15T04:00:00Z The U.S. has suffered so many financial panics over the past few decades, dating to the savings and loan crisis of the 1980s, because the country tends to regulate its banks so lightly. A New Bank Panic? 2023-03-13T04:00:00Z The Justice Department inquiry relies on a 1989 law that focuses on savings and loans, called the Financial Institutions Reform, Recovery and Enforcement Act, or FIRREA. DOJ probes Amazon for alleged knowledge of warehouse safety hazards 2023-01-31T05:00:00Z It tells the story of the 51-year-old's project to set up the savings and loans firm following the 2008 financial crisis, when major high street banks went into meltdown. Bank of Dave founder delighted by Netflix movie 2023-01-16T05:00:00Z The other kind of institution would function like a savings and loan bank. Opinion | What lessons from a 1988 crisis tell us about today’s banking system 2023-03-22T04:00:00Z The collapse of the U.S. savings and loan system — caused by a combination of rising interest rates, deregulation and fraud — left thousands of local institutions insolvent as a special federal deposit insurance fund drained away. Charles Bowsher, federal auditor during 1980s banking crisis, dies at 91 2022-10-07T04:00:00Z Case in point: the huge costs to taxpayers of bailing out irresponsible players during the savings and loans crisis in the 1980s. A Nobel Prize for the economics of panic 2022-10-14T04:00:00Z It was the early 1960s, and he had been working for his father-in-law’s savings and loan business, spending his free time racing dirt bikes in the desert outside Los Angeles. Clayton Jacobson II, a jet-ski pioneer, dies at 88 2022-08-28T04:00:00Z Banks and savings and loan associations were deregulated. U.S. History 2014-12-30T00:00:00Z But for now, they can only offer simple services like savings and loans, says Kunchou Tsai, a lawyer specialising in fintech at Enlighten Law Group, which is "only the beginning" of their potential. Will Taiwan's banks stay stuck in a '1980s' time warp? 2022-04-25T04:00:00Z Mr. Bowsher took particular aim at moves by Congress to weaken oversight of savings and loans, which at the time represented a powerful lobbying bloc. Charles Bowsher, federal auditor during 1980s banking crisis, dies at 91 2022-10-07T04:00:00Z Two of their partners in the venture, James and Susan McDougal, were later convicted of conspiracy and fraud over a failed savings and loan they operated, called Madison Guaranty. Bernard Nussbaum, embattled White House counsel under Clinton, dies at 84 2022-03-16T04:00:00Z The knock-on effect would then be lower interest rates on savings and loans - which would encourage the public to spend more and stimulate the economy. ‘They were like bandits’ - how did the rich get richer? 2022-01-24T05:00:00Z Her brother-in-law Charles Keating was a finance executive who was a key figure in the 1980s national savings and loan crisis. Nancy Keating, matriarch of influential family, dies at 94 2021-12-26T05:00:00Z Who remembers the Reagan-era deregulation that led to the collapse of the savings and loan industry? Pandora Papers: Tell us something we didn’t know and focus on U.S. corruption 2021-10-08T04:00:00Z Similar informal savings and loan associations are common the world over, from “village banks” in neighbouring Malawi to Mexico’s “cundinas” or China’s “hui”. Big banks target South Africa's informal saving clubs' cash 2021-10-07T04:00:00Z The Clintons sold their interest in Whitewater after the 1992 election and were never linked to the savings and loan, but some Republican lawmakers sought to keep the matter before the public. Bernard Nussbaum, embattled White House counsel under Clinton, dies at 84 2022-03-16T04:00:00Z M&S Bank will also continue to provide credit card, insurance, savings and loan products. M&S Bank branch closures reflect shift to online 2021-07-02T04:00:00Z Mr. Glauber and Mullins, who soon became known as the Brady Boys, tackled another financial crisis: the ill-considered lending that led to the collapse of the savings and loan industry. Robert Glauber, Harvard business professor and ranking Treasury official, dies at 81 2021-03-04T05:00:00Z Charles Keating, later convicted in a notorious savings and loan scandal, had founded Citizens for Decent Literature and led public outrage over the case. Larry Flynt, Who Built a Porn Empire With Hustler, Dies at 78 2021-02-10T05:00:00Z The prosecution of savings and loan operators and borrowers increased during his tenure as the nation faced a growing crisis in the thrift industry. Dick Thornburgh, ex-governor and US attorney general, dies 2020-12-31T05:00:00Z As the nation’s top law enforcement official, he prosecuted the savings and loan scandal. Dick Thornburgh, ex-governor and US attorney general, dies 2020-12-31T05:00:00Z A $250 million development centered on the Warner Theatre went bust in the savings and loan crisis of the early 1990s. Perspective | How patience and partnership built a billion-dollar data center business 2020-09-11T04:00:00Z We're still living with the legacies of that credo in, for example, the housing crisis he first touched off by deregulating savings and loan institutions and disempowering the Department of Housing and Urban Development. Work in the time of COVID-19: Why does essential work pay so little and cost so much? 2020-08-03T04:00:00Z So Americans have continued to pay — with salaries, savings and loans — until they are at the breaking point. Opinion | The Only Way to Save Higher Education Is to Make It Free 2020-06-05T04:00:00Z His brother, Charles H. Keating Jr., who became a central figure in the 1980s savings and loan crisis and went to prison for fraud, died in 2014. William Keating, news executive who helped in mergers, dies at 93 2020-05-21T04:00:00Z “Neither the fall of the Soviet Union nor the various oil or savings and loan crises of the past 50 years are likely to have affected emissions the way this crisis is,” he said. Coronavirus could trigger biggest fall in carbon emissions since World War Two 2020-04-03T04:00:00Z He charged Keating with “looting” his savings and loan and asked rhetorically how lawyers and accountants had allowed him to get away with stealing tens of millions of dollars without speaking up. Stanley Sporkin, crusading SEC enforcer and tough-minded U.S. judge, dies at 88 2020-03-24T04:00:00Z “But the savings and loan crisis of the 1980s and ‘90s and the housing crisis of 2008 pushed us the other way. Coronavirus shutdowns are lowering greenhouse gas emissions; history shows they'll roar back 2020-03-19T04:00:00Z Hanaway, now in private practice, said Jensen’s focus in the FBI was often on white-collar crime, dating to the savings and loan crisis in the 1990s. U.S. attorney helping review Flynn case is ex-FBI agent 2020-02-14T05:00:00Z In the current system, taxpayers get rebates on their savings and loans. Viewpoint: India budget raises more questions than answers 2020-02-03T05:00:00Z With a national crackdown on improperly operating savings and loans around the country, the hammer came down on Midwest Federal without an opportunity to work its way out from under the new financial rules. Minot’s shuttered M building has history, seeks future 2020-02-03T05:00:00Z The savings and loan programs are “very resonant with Arthur’s sense of entrepreneurship” and his support for women’s empowerment, Nunn said. Atlanta Falcons owner to donate $6.8M for international aid 2019-11-13T05:00:00Z On the other hand, the commission backed a number of steps aimed at making financial markets more competitive, including a longer leash for the savings and loan industry. Column: Trump is creating a task force to rewrite consumer laws. Here's how to apply 2019-10-18T04:00:00Z I worked on all kinds of cases, from savings and loan failures to undercover investigations of violent neo-Nazi skinheads. Perspective | The law is designed to punish whistleblowers like me 2019-10-10T04:00:00Z A vulture standing amid the flowers in front of the savings and loan was undeterred by an irate employee shouting and waving a clipboard. “Wide Spot” 2019-09-16T04:00:00Z Muus, who left as president in 1985, said Midwest Federal, at the government’s request, had absorbed a couple of savings and loans in the state that were in trouble to close them out. Minot’s shuttered M building has history, seeks future 2020-02-03T05:00:00Z The Fed’s Open Market Committee, which has 12 members, exists in part to set interest rates for banks to borrow money, which usually trickle down to consumer savings and loan rates. Editorials from around Ohio 2019-08-19T04:00:00Z We have trained community members to form savings and loans groups. I spent 21 years of my life angry before I realised we in the slums must lead change | Kennedy Odede 2019-08-07T04:00:00Z Marion Sandler focused on the savings and loan industry, and the couple decided to move to fast-growing California to run one. Herbert Sandler, half of couple who built a home-lending giant, dies at 87 2019-06-06T04:00:00Z He picked a good time: the U.S. government, having bought $400 billion worth of real estate assets over a decade of savings and loan failures, was offloading them at a discount. Tom Barrack saved Michael Jackson from default. Barrack’s investors say they need a rescue too 2019-05-03T04:00:00Z A crisis in the savings and loan industry deprived thousands of Marylanders of their money for several months and seriously eroded the governor’s popularity. Harry Hughes, Maryland governor and low-key steward over two terms, dies at 92 2019-03-13T04:00:00Z Senate, but was dogged on every step by depositors angered by the savings and loan crisis and he lost the primary. Ex-Maryland Gov. Harry R. Hughes dies at 92; served 2 terms 2019-03-13T04:00:00Z The savings and loan scandal also damaged Bush. ‘It’s the economy, stupid,’ and the bad luck of George H.W. Bush 2018-12-04T05:00:00Z In office, Bush prosecuted the Gulf war, rescued the savings and loan industry, protected Americans with disabilities, extended civil rights laws. ‘Conservative but not a nut’: how Bush’s party fell to Trump's troops 2018-12-03T05:00:00Z Washington Mutual survived the Great Depression, the savings and loan collapse, but not the 2008 financial downturn. readout goes here xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 2018-09-21T04:00:00Z Washington Mutual survived the Great Depression, the savings and loan collapse, and numerous recessions. Ten years ago, WaMu’s failure crushed Seattle’s last banking giant 2018-09-21T04:00:00Z It began in 1982 when Congress and the Reagan administration deregulated savings and loan banks — allowing them to engage in risky commercial lending, while continuing to guarantee them against major losses. Robert Reich: The three big lessons we didn’t learn from the economic crisis 2018-09-19T04:00:00Z Across the districts, local people are increasingly growing their own more nutritious food, processing soybeans into tofu and tempeh, and running parent support groups, farming collectives, cooking classes and local savings and loans groups. 'She didn’t have the energy to cry': Timor-Leste and its struggle against malnutrition 2018-09-16T04:00:00Z The consequences of that calamity changed behavior for decades, with the financial calm finally giving way only when the financial industry pushed for savings and loan deregulation as memories of the Depression faded. Opinion | Wall Street never learned its lesson 2018-09-13T04:00:00Z That year, regulators took over 157 banks, the most in any year since the savings and loan crisis of the 1980s and 90s. What’s changed in US financial system since ’08, at a glance 2018-09-13T04:00:00Z He disapproved of McCain’s role in the savings and loan scandal in the 1980s. 1,500 line up in Arizona heat to pay respects to John McCain 2018-08-29T04:00:00Z Accused of intervening on behalf of a corrupt Arizona savings and loan executive, McCain had also accepted campaign contributions from Charles Keating. You know who knew the real John McCain? David Foster Wallace | Jill Abramson 2018-08-27T04:00:00Z He participated in two meetings with banking regulators on behalf of Charles Keating, a friend, campaign contributor, constituent and savings and loan financier who was later convicted of securities fraud. For McCain, a life of courage, politics came down to 1 vote 2018-08-26T04:00:00Z He got into trouble in 1989 as one of five legislators who appeared to be protecting a corrupt savings and loan company promoter. John McCain obituary 2018-08-25T04:00:00Z He participated in two meetings with bank regulators on behalf of Charles Keating, a friend, campaign contributor and savings and loan financier later convicted of securities fraud. War hero and presidential candidate John McCain has died 2018-08-25T04:00:00Z She gained the money to fuel her collecting after she married Barry Taper, a scion of a prominent Los Angeles family whose father made a fortune in the savings and loan business. Lincoln’s Stovepipe Hat and Letters Could Be Sold to Ease Nonprofit’s Debt 2018-08-19T04:00:00Z “Bottom line: We look unhinged to include Willey” and exclude questions about the Clintons’ investments in Arkansas, their relationship with a failed savings and loan, and allegations about White House obstruction of various investigations. Supreme Court nominee Kavanaugh wrestled with graphic nature of Clinton impeachment report 2018-08-10T04:00:00Z Neil achieved some notoriety in the 1980s as a director of a savings and loan that crashed. Former first lady Barbara Bush dies at age 92 2018-04-17T04:00:00Z Government reformers took steps to open up the banking business in the late 1990s and early 2000s, first by allowing religious foundations to set up loosely regulated savings and loans, ostensibly to serve the poor. How Corruption and Cronyism in Banking Fueled Iran’s Protests 2018-01-20T05:00:00Z The last comprehensive tax code rewrite in 1986, which eliminated incentives for commercial real estate, helped spark the savings and loan crisis later that decade, says Alpert, who fears a similar outcome now. Analysis | Tax cuts may leave Washington low on ammo for next recession battle 2017-12-06T05:00:00Z Think of the financial panics: runaway inflation, the savings and loan crisis, Enron, the Great Recession. Opinion | What the Vietnam War tells us about Trump voters 2017-09-19T04:00:00Z Bush, he was an adviser to Treasury Secretary Nicholas Brady, working on the team that developed a response to the U.S. savings and loan crisis that struck in the 1980s and necessitated a government bailout. Trump choice for Fed could prove to be key friend for banks 2017-07-26T04:00:00Z Mr. Gore had been scrutinized over his solicitation of campaign contributions, and Mr. McCain had been investigated for helping a savings and loan tycoon. With the Trump White House, a New Bar for Outrage 2017-07-24T04:00:00Z Our banking and savings and loan industries used to have standards for lending. How Tales of ‘Flippers’ Led to a Housing Bubble 2017-05-18T04:00:00Z Before being reinstated to his job, Kim was relying on savings and loans to support his family. Blowing the whistle in South Korea: Hyundai Man takes on chaebol culture 2017-05-15T04:00:00Z The Justice Department litigation was brought under the Financial Institutions Reform, Recovery and Enforcement Act of 1989, which was passed after the savings and loan crisis. Justice Department Sues Barclays Over Mortgage-Backed Securities 2016-12-22T05:00:00Z Keating’s grandfather, Charles H. Keating Jr., was the notorious financier who served prison time for his role in the costliest savings and loan failure of the 1980s. Maricopa County board wants peak named for fallen Navy Seal 2016-12-08T05:00:00Z Recall that more than 800 bankers went to jail after the savings and loan crisis of the 1980s. How Letting Bankers Off the Hook May Have Tipped the Election 2016-11-11T05:00:00Z This began to change with deregulation, starting with the bipartisan overhaul of the savings and loan industry in the early 1980s. The Big Con: what is really at stake on election day 2016-11-05T04:00:00Z Bank failures and collapse, the absolute total destruction of the savings and loan industry, and the implosion of the retail market and real estate in general, something we’ve never seen anything like it. The lies Trump told this week: taxes, bankruptcy and the great 'depression' 2016-10-07T04:00:00Z More recently, questions had arisen about whether the land deal and the Clintons might be linked to the collapse of a savings and loan. How Hillary Clinton helped create what she later called the ‘vast right-wing conspiracy’ 2016-09-02T04:00:00Z The savings and loan crisis of the 1980s and the early 1990s was the most prominent U.S. example how a spike in short-term rates could wreak havoc in the financial industry. U.S. banks need better defenses against rates shock, regulators warn 2016-09-02T04:00:00Z In the early 1960s, she found a job at a savings and loan on Wilshire Boulevard. The 'highest, hardest glass ceiling': Women reflect on Hillary Clinton's historic moment 2016-07-28T04:00:00Z The GAO will also look back at work by the Office of Thrift Supervision, which merged with the OCC in 2011, and regulates savings and loan institutions. Congressional watchdog expands probe of lax Wall Street oversight 2016-06-28T04:00:00Z It’s the last state-chartered savings and loan in the state, with or without deposit insurance. Bank acquires nearly century-old loan association in Omaha 2016-05-28T04:00:00Z In 1989, Madison – like many other poorly managed savings and loans of the era – went under and was bailed out by the federal government. Travelgate to Furnituregate: a guide to the Clinton scandals of the 90s 2016-05-27T04:00:00Z Charles H. Keating Jr., who died in 2014, went to prison after defrauding thousands of people who had deposited money in savings and loan institutions. Another Combat Death in Iraq May Presage Future U.S. Role 2016-05-04T04:00:00Z His grandfather Charles H. Keating Jr., who died in 2014 at age 90, served prison time for his role in the costliest savings and loan failure of the 1980s. Navy SEAL Killed in Iraq Brought Track History to the Battlefield 2016-05-04T04:00:00Z Keating’s grandfather, Charles H Keating Jr, who died in 2014 at age 90, was the notorious financier who served prison time for his role in the costliest savings and loan failure of the 1980s. US Navy Seal killed by Isis in Iraq named as Charlie Keating IV 2016-05-03T04:00:00Z Home financing, of course, was the reason Metropolitan and other savings and loans were formed. Bank acquires nearly century-old loan association in Omaha 2016-05-28T04:00:00Z His grandfather was sent to prison in connection with the savings and loan scandal when Keating was a small child and other children reportedly made fun of him. The Navy SEAL killed in Iraq has been identified as Charlie Keating IV, the grandson of the late Arizona financier involved in savings and loan scandal 2016-05-03T04:00:00Z Firrea was originally passed in 1989 in response to the savings and loan crisis as a way of probing fraud in the banking industry. U.S. Pursues New Tack in VW Emissions Probe 2016-03-08T05:00:00Z Keating, a grandson of an Arizona financier involved in the 1980s savings and loan scandal, went to high school in Phoenix. Navy SEAL Killed in Iraq Brought Track History to the Battlefield 2016-05-04T04:00:00Z Ahmanson. were sold in 1998 to Seattle's Washington Mutual, a landmark $10-billion deal that combined the nation's two largest savings and loans and made Washington Mutual a major player in Southern California. Robert DeKruif dies at 96; L.A. banking executive, philanthropist 2016-01-04T05:00:00Z Because it’s a mutual savings and loan, each depositor is a part owner. Bank acquires nearly century-old loan association in Omaha 2016-05-28T04:00:00Z They were traditional investment banks, savings and loan institutions, insurance companies and a government-backed housing finance entity. Wall Street is Clinton's achilles heel and for Sanders's sake it will stay that way 2015-12-27T05:00:00Z Mr. Kaplinsky was searching for solutions when he remembered helping, as a young lawyer, a mutual savings and loan association draft an arbitration clause, he said in an interview. Arbitration Everywhere, Stacking the Deck of Justice 2015-10-31T04:00:00Z That decreases the risk that banks might become too aggressive in offering ever-increasing interest payments — a situation that, in the United States, served as an impetus for the savings and loan crisis of the 1980s. China Cuts Interest Rates for Sixth Time Since November 2015-10-23T04:00:00Z Ahmanson became one of Southern California's biggest lenders and one of the nation's largest savings and loans, financing home buyers who rushed to the region during the postwar boom. Robert DeKruif dies at 96; L.A. banking executive, philanthropist 2016-01-04T05:00:00Z The Federal Reserve approved a request from Synchrony Financial, SYF -0.91 % GE’s publicly traded subsidiary, to operate as a publicly owned savings and loan holding company. Synchrony Can Break Away from GE, Fed Says 2015-10-14T04:00:00Z GE -0.78 % ’s profit—all overseen by a U.S. regulator of savings and loans. Why General Electric Is Unwinding Its Finance Arm 2015-10-14T04:00:00Z Banks, savings and loans, and other lenders may offer these loans; the Jacobses obtained their $25,000 loan through their credit union, finalizing it in a week. Loan options abound for remodeling projects 2015-08-19T04:00:00Z And while pointing out that he had also called Mr. McCain “a hero” on Saturday, Mr. Trump questioned the Arizona senator’s integrity, noting his involvement in the 1980s savings and loan scandal. Trump Refuses to Apologize for Comments on McCain’s Service 2015-07-19T04:00:00Z When the market turned, Broward Federal was one of the many savings and loan institutions that became insolvent in the late 1980s. Jeb Bush Tax Returns Recall Old Days of Shelters 2015-07-02T04:00:00Z Last year the number dipped slightly to 100, while nearly 4,000 banks, savings and loans and credit unions were held up nationwide, according to FBI statistics. Houston No. 1 in US in armored car, bank takeover robberies 2015-06-13T04:00:00Z A: There was consideration of savings and loans and there was consideration of the banks and the insurance companies—I think that we didn't have the authority in the latter case. Robert Kennedy Speaks His Mind in 1963 2015-06-05T04:00:00Z The two grew up together at the Frederick Douglass housing project on the Upper West Side of Manhattan and started the distillery with about $300,000 in savings and loans from family members. Craft Distilleries and Breweries Take Hold in South Bronx 2015-04-22T04:00:00Z The problem is this data resides in different places—much of it in the savings and loan area, some in the mortgage department, a bit in insurance, and so on. CenturyLinkVoice: 4 Ways Financial Institutions Can Bank On Big Data In 2015 2015-04-14T04:00:00Z The lawsuit was brought under the Financial Institutional Reform, Recovery and Enforcement Act, a 1989 law enacted after the savings and loans crisis. Exclusive: BNY Mellon in forex settlement talks with U.S., N.Y. - sources 2015-02-24T05:00:00Z That law was aimed at those whose speculative investments and outright fraud caused the failure of more than 1,000 savings and loans, the largest of which were in Southern California. Road to S&P settlement began with Jerry Brown chat, novel legal strategy 2015-02-04T05:00:00Z Q: Was there some thought of going as far as the savings and loan associations? Robert Kennedy Speaks His Mind in 1963 2015-06-05T04:00:00Z That echoed deals from an earlier crisis, when big savings and loans, swollen by funding breakneck growth after World War II, were consolidated into bigger savings and loans and then commercial banking operations. City National deal: A happy union of 2 thriving banks 2015-01-22T05:00:00Z Fitrat fled to the United States in 2011 after claiming that his life was in danger for launching an investigation into the $900-million collapse of Kabul Bank, the nation's largest savings and loan. Afghan leader Ashraf Ghani presents Cabinet picks amid controversy 2015-01-20T05:00:00Z In 1975, Mr. Moore and a top aide were indicted for conspiring to extort $25,000 from a savings and loan that sought a bank charter from the state. Arch Moore Jr., charismatic W.Va. governor convicted of corruption, dies at 91 2015-01-08T05:00:00Z The college stadium was supposed to be a temporary home, but the savings and loan crisis that rocked Arizona wrecked plans for a new stadium. Arizona Cardinals and Their President, Michael Bidwill, Continue Ascent 2015-01-02T05:00:00Z Indeed, no Obama appointee will even speak with Bill Black, the banking regulator turned criminologist whose diligence produced more than 3,000 felony convictions in the savings and loans scandals a generation ago. One Nation Divided by Wealth They’d met in the aftermath of the savings and loan crisis when the federal government established the Resolution Trust Corp. to sell bad mortgages and other squirrelly securities it inherited from failed savings banks. Blackstone's $26 Billion Hilton Deal: The Best Leveraged Buyout Ever 2014-09-11T04:00:00Z “After the savings and loans crisis, the government brought over 1,000 criminal prosecutions and got over 800 convictions,” the Massachusetts Democrat told regulators at a Senate Banking Committee hearing, the Examiner reported. Elizabeth Warren demands jail time for Wall Street bankers 2014-09-09T04:00:00Z But the newly empowered savings and loans overextended themselves, and more than 1,000 went under in the late 1980s and early 1990s. Fernand St Germain, Congressman Tied to Savings and Loan Crisis, Dies at 86 2014-08-21T04:00:00Z It is said to have contributed to the savings and loan crisis by allowing institutions to expand their lending activities away from home mortgages into more risky commercial ventures. Former Rhode Island US Rep. St Germain dies 2014-08-18T04:00:00Z In 1989 and 1990, the only major bubble in the classic car market burst, in sync with the savings and loan crisis and the Japanese asset bubble, sending prices spiraling downward. It's old cars and new money during Monterey Car Week 2014-08-14T04:00:00Z No significant cases were filed under this provision during the savings and loan crisis, and the law remained in obscurity once the banking system recovered. U.S. Finds Fresh Use for Seldom-Used Statute in Subprime Cases 2014-08-11T04:00:00Z He also valued taxpayer backstops at failing savings and loan associations. Big Banks Still a Risk 2014-08-02T04:00:00Z The savings and loan, a specialist in mortgages made without verifying borrower incomes, had become an international emblem for the loose lending that triggered the global crisis in real estate and mortgage securities. CIT Group to buy Pasadena lender OneWest Bank 2014-07-22T04:00:00Z Government’s Resolution Trust Corporation remove some of the non-performing loan debt the U.S. government assumed in the aftermath of the savings and loan crisis in the 1980s. Why Are CDOs and Structured Notes Making a Comeback? 2014-06-23T04:00:00Z In the aftermath of the savings and loan scandal, Judge Stanley Sporkin asked how a once-prominent financial institution could engage in a pattern of misconduct. How G.M.'s Lawyers Failed in Their Duties 2014-06-09T04:00:00Z Bankrate.com said its survey of 100 leading commercial banks, savings and loan associations and savings banks showed the annual percentage yield available on money-market accounts was unchanged from the week before at 0.11 percent. Money-fund assets rise, yields are mostly flat 2014-05-29T04:00:00Z The records were needed to show the extent of Hillary’s legal work for a savings and loan involved in fraud. I'm Sick To Death Of Bill And Hillary 2014-05-12T07:26:00Z He was counsel at the Resolution Trust Corp, the federal agency set up to mop up the savings and loan crisis of the 1980s and early '90s. Politics in his future? Detroit case has 'done me in', Orr says 2014-04-10T10:07:30Z As the savings and loan institution’s profits rose, the Federal Home Loan Bank in San Francisco began looking into investment activity in 1986. Savings and Loan Figure Charles Keating Dies at 90 2014-04-02T02:51:03Z For the last century, traditional financial services institutions—banks, credit unions, savings and loans—were largely the only game in town for consumers. Banks Must Recreate The Customer Experience 2014-03-19T13:02:00Z When exactly did America collectively repress all memory of the 1980s savings and loan crisis, then the biggest banking calamity since the Great Depression? Is Wall Street Now Too Big to Care? 2013-12-10T20:33:20Z That March, prices and sales recorded their steepest drops since the savings and loan scandal in 1989. Insight: Yellen feared housing bust but did not raise public alarm 2013-10-30T05:10:20Z In other words, we need them to provide the services that were traditionally provided by commercial banks and savings and loans. High & Low Finance: The Perils When Megabanks Lose Their Focus 2013-09-05T18:48:21Z It’s sort of like breaking into the local savings and loan versus breaking into Fort Knox. Times Site Is Disrupted in Attack by Hackers 2013-08-27T23:20:49Z But as the savings and loan crisis of the 1980s showed, this sort of business can get very risky, very fast in an environment of rising interest rates. Regulatory Rumpus: The Battle Over Reinstating Glass-Steagall 2013-07-16T15:42:46Z The government sued under the Financial Institutions Reform, Recovery and Enforcement Act, a 1989 law passed after the savings and loan crisis that lets the government seek penalties for losses affecting federally insured financial institutions. Judge tentatively lets U.S. pursue fraud lawsuit versus S&P 2013-07-09T15:13:49Z But starting around 2004, they started following the same dangerous path as the the tiny US savings and loans companies in the 1990s, which gorged on mortgage lending. Wall Street is winning the long war against post-crash regulation 2013-06-16T12:00:00Z A former savings and loan company regulator, Ryan also previously worked at JPMorgan as vice chairman for financial institutions and governments. Trade group SIFMA names ex-Senator Gregg as CEO 2013-05-20T21:08:41Z Sainsbury's Bank provides a range of products including insurance, credit cards, savings and loans. Sainsbury's in talks with Lloyds over Sainsbury's Bank control 2013-05-07T06:32:25Z Department of Justice's bid to bring fraud lawsuits against Wall Street banks under a powerful law enacted following the savings and loan scandals of the 1980s. Judge questions fraud statute's use against Bank of America 2013-04-30T02:27:42Z Hundreds of banks were closed or needed help in the Kansas City Fed's district during the savings and loans crisis of the 1980s and 90s. Fed's Esther George: speaking up for middle America 2013-04-29T06:05:54Z It took a hit in three — the collapse of much of the savings and loan industry in the late 1980s, the 1987 stock market crash and the dot.com implosion. Economic Scene: Solutions Remain Elusive After Financial Crisis 2013-04-24T00:45:52Z As was seen during the savings and loan crisis of the 1980s, long-term, fixed-rate mortgages are risky investments for mortgage lenders to keep on their books. Fannie and Freddie Reform to Kill the 30-Year Mortgage? 2013-03-04T10:50:21Z That means the supervision will not cover a swathe of smaller banks within the 17-nation eurozone, including Germany’s “Sparkassen”, which are regional savings and loans institutions that have been particularly weak. Too European To Fail? New EU Banking Safety Net Takes Shape 2012-12-17T08:00:29Z Hollande might not drive the proverbial savings and loan into the ground. France’s Poisonous Presents 2012-12-15T09:45:00Z They compare the current home market to the commercial real estate market after the savings and loan bust of the late 1980s and early 1990s. Financiers Bet on Rental Housing 2012-12-08T19:48:07Z Washington Mutual, once the largest U.S. savings and loan, failed on September 25, 2008. BofA and U.S. Bancorp can be sued as WaMu bond trustees: judge 2012-12-07T18:58:03Z That is because prosecutors are pursuing a novel use of a statute originally designed to protect financial institutions following the 1980s savings and loan crisis, attorneys said. Fidelity pushes BNY Mellon for better foreign-exchange pricing 2012-11-28T20:05:24Z Former US bank regulator and criminologist Prof Bill Black, who was responsible for aiding prosecutors during America's savings and loans crisis of the 1980s, is a regular at Kilkenomics. Blame and shame in Ireland 2012-11-06T00:01:18Z Disillusioned in reply to fundamentalist Oct 17th 2012 16:20 GMT Want to know why the savings and loan crisis occurred? Financial crises: Is the slow recovery unusual? 2012-10-15T20:28:07Z ING also recently unloaded its 9 percent stake in the American bank Capital One in a deal worth around $3 billion, and sold its British savings and loan business to Barclays. DealBook: Pacific Century to Buy ING's Asian Insurance Units for $2.1 Billion 2012-10-19T11:55:42Z After the savings and loan crisis, he bought discounted commercial real estate debt for himself from Resolution Trust Corp. and profited as the market recovered. Deep Thoughts With the Homeless Billionaire 2012-09-27T20:10:39Z “We saw ‘systemic risk’ in ‘87 with the stock market crash,” says Stamper, “and then again in ‘89, with the savings and loan crisis.” Merriam-Webster Gives Business Words New Meanings 2012-08-15T10:00:33Z In the 1960s, he was an examiner of savings and loans. Elder financial abuse in Illinois on rise 2012-08-12T05:00:00Z Recommend ReportPermalinkreply fundamentalist in reply to Disillusioned Oct 17th 2012 17:29 GMT Regardless of what caused the savings and loan crisis, it was a financial crisis. Financial crises: Is the slow recovery unusual? 2012-10-15T20:28:07Z It got stuck with the job of liquidating more than 700 failed savings and loans. Alan Greenspan on His Fed Legacy and the Economy 2012-08-10T00:18:00Z The company, which also owns a savings and loan, ventured heavily into mortgages, a move that left the company reeling in 2007. DealBook: E*Trade Replaces C.E.O. Amid Turnaround Effort 2012-08-09T14:17:31Z In the late 1980s and early 1990s, the savings and loan scandal resulted in a spate of bank liquidations. Deal Professor: In $440 Million Trading Error, Upside of Wall St. Failures 2012-08-07T21:24:00Z Berkshire wants to represent the several hundred banks, savings and loan institutions, and credit unions headquartered in or predominantly run out of New York. Libor, the New Asbestos 2012-08-01T10:03:15Z It represented the average rate paid to depositors by savings and loans in the Western region of the United States. Fair Game: Libor, Mortgage Rates and Wall Street — Fair Game 2012-07-28T18:06:02Z The final cost to the taxpayers for the savings and loan crisis amounted to $87 billion, a fraction of the original estimate. Alan Greenspan on His Fed Legacy and the Economy 2012-08-10T00:18:00Z He dreams of many more independent savings and loans across the UK. Bank of Dave: one man's crusade to help small businesses raise finance 2012-07-06T22:01:08Z Bonuses were relatively small some years, like from 1989 to 1991, when the savings and loan crisis and other events slowed business. Companies’ Ills Did Not Harm Romney’s Firm 2012-06-23T01:08:05Z Upon execution of the sale, Ameritas Mutual Holding Co. would cease to be a "bank holding company" or "savings and loan holding company" subject to supervision by the Federal Reserve Board. TEXT-S&P: Ameritas Life Insurance ratings unaffected by bank sale 2012-06-21T17:56:51Z Consolidation in the savings and loan industry also took its toll. Fair Game: Libor, Mortgage Rates and Wall Street — Fair Game 2012-07-28T18:06:02Z The bank's decision continues to reverberate today, nearly four years after the nation's largest savings and loan, with $307 billion in assets, collapsed in the largest-ever U.S. bank failure. Bank on the Run: How WaMu's Demise Hit Home 2012-06-08T23:04:56Z The savings and loans crisis was beginning to take shape, and transportation and energy deregulation was in full swing. A quarter-century of big names in business 2012-06-04T00:08:27Z There were early warning signs, such as the savings and loans crisis of the late 80s, that should have alerted politicians to the dangers of financial deregulation, moral hazard and subsequent spiralling debt. Paul Krugman: 'I'm sick of being Cassandra. I'd like to win for once' 2012-06-03T19:00:00Z Under government regulations, an acquisition of “25 percent of the voting shares” or “control” of a savings and loan holding company is subject to Federal Reserve approval. Deal Professor: In Blocking Activists, the Fed Protects Poorly Performing Banks 2012-05-08T22:27:01Z In the late 1980s, because of the savings and loan crisis, the Federal Home Loan Bank Board was closed and the new Office of Thrift Supervision, he said, was going to be the “big muscle.” Small Banks Shift Charters to Avoid U.S. as Regulator 2012-04-03T00:38:46Z Meanwhile the savings and loans crisis of the 1980s accelerated the growth of the corporate capital markets. Why Europe's Banks Trail in Deleveraging Process 2012-03-25T23:30:49Z When his father died in 1947, he took over the family business, a savings and loan. Edward J. Derwinski, First V.A. Secretary, Dies at 85 2012-01-19T04:37:34Z Once the largest savings and loan in the country, Washington Mutual expects to distribute more than $7 billion to creditors after it emerges from Chapter 11. | Legal News: Wamu to Send Bankruptcy Plan to Creditors 2012-01-14T02:55:19Z That’s what happened recently in the case of First Financial Northwest when a major shareholder, the Stilwell Group, sought to elect two nominees to the board of the savings and loan. Deal Professor: In Blocking Activists, the Fed Protects Poorly Performing Banks 2012-05-08T22:27:01Z Once the largest U.S. savings and loan, Washington Mutual expects to distribute more than $7 billion to creditors after it emerges from Chapter 11. WaMu creditors to vote on bankruptcy plan 2012-01-13T20:34:28Z Washington Mutual filed for bankruptcy in September 2008, at the height of the financial crisis, after regulators seized its savings and loan business. WaMu settles dispute, eyes bankruptcy exit 2011-12-13T07:26:09Z In 1990, he made headlines when his firm was named to manage and liquidate a $2.4 billion portfolio of property acquired by the government during the savings and loan industry collapse in the 1980s. Joseph E. Robert Jr., Investor in Real Estate, Dies at 59 2011-12-09T02:17:01Z The savings and loan institution failed in 1989 at significant cost to taxpayers, and Mr. Keating was convicted on multiple fraud charges, some later overturned. Financial Finger-Pointing Turns to Regulators 2011-11-23T03:19:04Z The trial revolved around Mr. McCann’s 1986 partnership with a Florida savings and loan association to develop a marina in Liberty State Park. In Jersey City, Ex-Mayor Gerald McCann Keeps an Eye on Trash 2011-10-08T18:52:31Z The insider trading scandals and savings and loan crisis of that era resulted in increased sentences for corporate defendants. DealBook: In Galleon Case, Prison Term Is Seen as Test 2011-09-20T01:16:34Z The collapse of home prices and the ensuing financial crisis caused nearly 400 banks to fail, more than at any time since the savings and loan meltdown in the 1980s. Bank deposits soar despite rock-bottom interest rates 2011-09-18T01:08:00Z That rescue effort required managing and selling each property owned by the failed savings and loan institutions, a process known as a workout. Joseph E. Robert Jr., Investor in Real Estate, Dies at 59 2011-12-09T02:17:01Z At other times, Mr. Dochow exhibited a close relationship with a savings and loan association when it was under investigation. Financial Finger-Pointing Turns to Regulators 2011-11-23T03:19:04Z Washington Mutual filed for bankruptcy in September 2008, at the height of the financial crisis, after regulators seized its savings and loan business in the biggest bank failure in U.S. history. WaMu reorganization plan rejected again 2011-09-14T00:47:22Z The bankruptcy stems from the September 2008 failure of the company's WaMu savings and loan business, the biggest bank failure in U.S. history. WaMu judge weighs closing arguments 2011-08-24T22:10:50Z “These are all whopping numbers,” said Robert Litan, a former Justice Department official who in the 1990s served on a commission probing the causes of the savings and loan crisis. Wall Street Aristocracy Got $1.2 Trillion in Fed’s Secret Loans 2011-08-21T23:49:30Z The savings and loan crisis of the late 1980s and early 1990s began as a relatively small problem at some Texas mortgage lenders. Economix: Are Bank Examiners to Blame for Slow Job Growth? 2011-07-14T09:00:06Z Another backdated capital shift with regulator approval took place in 2008 at a savings and loan association in Florida, according to Mr. Thorson’s report. Financial Finger-Pointing Turns to Regulators 2011-11-23T03:19:04Z Washington Mutual filed for bankruptcy in September 2008, a day after its savings and loan was seized by regulators in the biggest bank failure in U.S. history. WaMu, shareholders clash again over bankruptcy exit 2011-07-12T20:16:18Z With a $27 million loan from the Resolution Trust Corp., which administered many of the failed savings and loan banks in the 1980s, Lanier bought the property. Value Added: Creating a conveyor belt for renovation 2011-03-21T19:00:02Z In September 2008, regulators seized the company’s savings and loan business in the largest bank failure in the nation’s history. Washington Mutual Settles Fraud Suits for $208 Million 2011-07-01T21:42:13Z In September 2008 regulators seized the company's savings and loan business in the largest bank failure in U.S. history. Investors strike $208.5 million WaMu settlement 2011-07-01T13:34:09Z Problems originally surfaced after the bank transferred savings and loans products in-house at the weekend. Tesco Bank offers refunds pledge 2011-06-24T09:09:10Z He will say banks must be set up so that their High Street branches and savings and loans would not be damaged if their trading arms ran into trouble. UK to sell crisis-trigger bank 2011-06-15T16:02:12Z In a speech on Wednesday he will say banks must be set up so that their branches and public savings and loans would not be damaged if their trading arms ran into trouble. Retail banks will be ring-fenced 2011-06-14T20:51:14Z She led the agency through the worst wave of banking failures since the savings and loan crisis of the 1980s. Obama Said to Nominate Gruenberg to Succeed Sheila Bair at FDIC 2011-06-10T21:36:44Z Washington Mutual filed for bankruptcy in 2008 after regulators seized its WaMu savings and loan business in the biggest bank failure in U.S. history. Washington Mutual reaches deal to end bankruptcy 2011-05-24T16:37:20Z The bankers convicted in the savings and loan scandal who dealt sweetheart loans to friends were fraudulent. Wall Street Isn't That Guilty 2011-05-12T21:00:09Z Credit provided by the Fed, commercial lenders, savings and loans, and credit unions increased 1.67 percent in the last three months of 2010, according to a Northern Trust report. Bernanke’s QE2 Averts Deflation, Spurs Rally, Expands Credit 2011-05-10T04:31:58Z Brad Kuhn was a reporter for the Orlando Sentinel, covering the savings and loan crisis, when he decided to get an MBA. For Part-Time MBAs, a Full-Size ROI 2011-04-21T16:45:00Z This stands in stark contrast to the failure of many savings and loan institutions in the late 1980s. A Financial Crisis With Little Guilt 2011-04-14T05:59:45Z In 1990 he became chief executive officer of Dime Savings Bank as it nearly went under during the savings and loan crisis. Dick Parsons, Captain Emergency 2011-03-24T21:00:00Z Serving under Paul A. Volcker, then the Fed chairman, Dr. Rice helped shape the nation’s financial policy for eight years, through a recession and the savings and loan crisis. Emmett J. Rice, 91, Former Fed Governor, Is Dead 2011-03-22T00:10:04Z In time, nearly 1,000 savings and loans — a third of the industry — collapsed, costing the government billions. Talking Business: Biggest Fish Face Little Risk of Being Caught 2011-02-26T02:20:00Z Germain Depository Institution Act, which waved the "Go" flag on the savings and loan scandal, and foreshadowed the repeal of Glass-Steagall a decade later. We fought a war on lies, and lies won 2011-02-04T13:30:00Z Such task forces had been crucial to winning cases against Enron executives and those who looted savings and loans in the early 1990s. A Financial Crisis With Little Guilt 2011-04-14T05:59:45Z Genworth Financial Inc., which was ineligible for Treasury assistance after the 2009 rejection of its application to become a savings and loan holding company, posted a fourth-quarter loss today on results at its mortgage insurer. Benmosche Says AIG Mortgage Unit Thrives on ‘Red State’ Culture 2011-02-02T17:44:04Z Sections 421-438 authorize ten or more savings and loan associations, the aggregate resources of which shall not be less than $5,000,000, to form a Land Bank of the State of New York. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z The 2008 crisis, he argues, was no worse than the collapse of emerging markets and the Brady bonds bailouts of the late 1980s or the savings and loans crisis of the 1980s and 1990s. Author downplays impact of 2008 crisis on America 2011-01-24T22:26:05Z Texan banks did better than their peers elsewhere as they adopted stricter lending standards, after being burned in the savings and loans crisis in the 1980s, triggered by loose lending. Comerica eyes Texas growth with $1 billion Sterling buy 2011-01-18T16:20:04Z The Charity Organisation Society of Indianapolis has long maintained a dime savings and loan association which employs six women collectors, one coloured, who visit hundreds of homes every week. Following the Color Line an account of Negro citizenship in the American democracy 2011-01-06T03:00:45.737Z The savings and loan crisis had just passed and the mortgage business was picking up again. How the mortgage clearinghouse MERS became a villain in the foreclosure mess 2010-12-30T20:16:00Z The company filed for Chapter 11 in September 2008 the day after regulators seized its WaMu savings and loan in the biggest bank failure in U.S. history. Judge seeks extension of WaMu deal deadline 2010-12-20T20:41:53Z Banking, from savings and loans to credit companies, lost 200 workers and now only employs 85,800 individuals. NYC adds 14,000 private jobs vs 9,300 in New Jersey 2010-12-16T19:46:57Z The institutions, once known as savings and loans, primarily take consumer deposits, sell mortgages and offer credit cards. DealBook: Thrifts? Last Stand 2010-12-08T15:34:00Z Mr. Schwarzman said, referring to the Resolution Trust Corporation, the government agency that liquidated assets seized during the savings and loan crisis in the United States. DealBook: For Schwarzman, the Action Is Anywhere but Here 2010-12-08T12:42:00Z Washington Mutual filed for bankruptcy the day after regulators seized its WaMu savings and loan business, the biggest bank failure in U.S. history. WaMu ends hearings on $10 billion deal to end bankruptcy 2010-12-08T00:35:00Z Thanks to exceptions for buying failed savings and loan institutions, Petrou said, the bank's share of national deposits is slightly above 10 percent. Bank of America still feeling drag from purchase of Countrywide Financial 2010-12-03T17:58:00Z Founded in Seattle in 1889, Washington Mutual was once the largest U.S. savings and loan, with more than 2,500 branches, $300 billion in assets and $188 billion in deposits when it was seized. WaMu begins showdown over bankruptcy plan 2010-12-01T16:03:00Z Hundreds died after the savings and loan crisis in the 1980s. DealBook: Thrifts? Last Stand 2010-12-08T15:34:00Z Well into the 1960s, mortgages were mostly local products, with their availability subject to the flow of deposits into banks and savings and loan institutions. Sherman J. Maisel, Former Fed Governor, Dies at 92 2010-10-07T03:14:00Z Banking, from savings and loan companies to credit companies, hired 100 people in August, for a total workforce of 86,400 people, Brown said. NYC unemployment rate level at 9.4 percent in August 2010-09-16T22:35:00Z The bank watchdog that failed to police the country's savings and loans is being closed - and its property dissolved. Financial overhaul's unexpected fallout: Closing of D.C.'s Small Savers day care 2010-09-09T02:47:00Z What Paulson was doing was running the same plays the government did back in the 1980s with the Resolution Trust Corporation after the failure of the savings and loan associations. How Bill Bartmann Lost It All and Got It Back 2010-09-01T16:00:00Z It was the highest annual number since 1992, when the savings and loan crisis hit its peak. Large banks earn billions, small banks struggle 2010-08-31T19:30:00Z Politically, he has persisted through the Keating Five savings and loan scandal, and two failed bids for the White House. McCain Turns Vulnerable Label into Front-Runner 2010-08-23T06:10:00Z In the early 1990s, the savings and loan crisis triggered a recession, and Federated wasn't ready for it. Look at Macy's: U.S. tax code encourages companies to rack up huge debt 2010-08-08T04:00:00Z The agency is not funded by the government, but by assessments on savings and loans, further placing its operations out of the government's reach. Financial overhaul's unexpected fallout: Closing of D.C.'s Small Savers day care 2010-09-09T02:47:00Z Sofas allow customers to peruse literature on savings and loans, while the usual desks with personal advisers were full within an hour of the bank opening its doors. Metro Bank counts on Sunday opening to poach customers from rivals 2010-08-01T17:41:00Z We should never forget what happened to the savings and loan industry when it was ensnared by rising interest rates. Debating the Securitization of Mortgages 2010-07-27T10:00:00Z The largest savings and loan associations failed or were sold for salvage during the latest crisis, including Washington Mutual, IndyMac and Countrywide Financial. Financial Bill to Close the Regulator of a Fading Industry 2010-07-13T16:58:00Z She noted that that downturn, like the current one, was accompanied by a banking crisis — the savings and loan meltdown of the 1980s — and significant regulatory changes. Credit Still Tight, Fed Governor Says 2010-07-01T17:02:00Z Mr. Bridwell said he was ready to jump because he remembered the last time the government ended up owning thousands of Arizona houses, after the late-1980s collapse of the savings and loan industry. Cost of Fannie And Freddie Keeps Rising 2010-06-20T01:29:00Z Its savings and loans products will also fail to secure a spot in best buy tables without more aggressive rates. Metro Bank counts on Sunday opening to poach customers from rivals 2010-08-01T17:41:00Z Many "cajas," regional Spanish banks that resemble U.S. savings and loans, are reeling under the weight of soured real estate loans made during the housing bubble. Spanish bank plans to open first U.S. office in D.C. next year 2010-06-15T04:00:00Z In the 1980s, the industry still had enough friends in Congress to preserve its regulator, then called the Federal Home Loan Bank Board, after the savings and loan debacle. Financial Bill to Close the Regulator of a Fading Industry 2010-07-13T16:58:00Z For decades, the savings and loan industry existed solely to make loans to home buyers. Talking Business: Waking Up From the American Dream 2010-06-11T22:50:00Z They related to protections of racial minorities, mortgage underwriting and oversight of savings and loans. Negotiators Start Work on Financial Reform Bills 2010-06-11T03:21:00Z But Frank blocked the administration's attempt to do away with thrift charters altogether after intense lobbying from the small savings and loans in his home state. Small players best Wall St. in shaping overhaul bill 2010-06-10T04:00:00Z It was the savings and loan industry's third profitable quarter in a row. U.S. thrifts swing back to profit for first quarter 2010-05-25T04:00:00Z Congress has again chosen to preserve savings and loan associations as a separate category of financial institutions. Financial Bill to Close the Regulator of a Fading Industry 2010-07-13T16:58:00Z In return, the government gave savings and loans certain regulatory advantages over the banks. Talking Business: Waking Up From the American Dream 2010-06-11T22:50:00Z There were 140 bank failures in the United States last year, the highest annual tally since 1992, at the height of the savings and loan crisis. FDIC regulators close seven banks; failures may cost insurance fund $7.33 billion 2010-05-01T04:00:00Z In Katine, the sub-county in north-east Uganda that the Guardian is supporting, the creation of village savings and loans associations and farmers' groups, instigated by the NGO Amref, is offering new opportunities. Online chat: Enterprise creation in Africa 2010-04-21T08:16:00Z The OTS eventually agreed with the FDIC's lower rating, but by then the nation's biggest savings and loan, with more than $300 billion in assets and $188 billion in deposits, was just days from collapse. WaMu regulator takes fire from U.S. lawmakers 2010-04-16T21:00:00Z Competition was a two-way street, but when savings and loan associations plunged into commercial banking in the 1980s, the result was a crisis that wiped out more than 700 institutions. Financial Bill to Close the Regulator of a Fading Industry 2010-07-13T16:58:00Z The OTS eventually agreed with the FDIC's lower rating for Washington Mutual, but by then the nation's biggest savings and loan was just days from collapse. Panel says regulators sparred while WaMu burned 2010-04-15T21:01:00Z The former executives are appearing before Congress for the first time since the collapse of the savings and loan. Killinger Defends Washington Mutual?s Loan Practices 2010-04-13T17:14:00Z In addition to his Great Depression example, we also have the savings and loan disaster of the 80s. Why we must break up the banks 2010-04-07T16:30:00Z "These transactions were undertaken for no legitimate economic purpose," said Bill Black, a criminologist at the University of Missouri-Kansas City and a former savings and loan regulator. Lehman report may point way for criminal charges 2010-03-12T23:36:00Z Officials urged employees to treat savings and loan associations as “customers.” Financial Bill to Close the Regulator of a Fading Industry 2010-07-13T16:58:00Z That function is spread among the Federal Reserve, the Office of the Comptroller of the Currency, and the F.D.I.C., which oversee banks, and the Office of Thrift Supervision, which regulates savings and loans. Autonomy of Consumer Watchdog Is in Dispute 2010-03-06T02:45:00Z The plan calls up memories of the savings and loan crisis of the early 1990s when the federal government created the Resolution Trust Corp to dispose of assets. FDIC to grease mortgage market with $1.8 bln deal 2010-03-02T00:08:00Z These banks—similar to savings and loan associations in the U.S.—eagerly served up credit as the housing bubble inflated over the past decade. The Pain in Spain Falls Mainly on the Cajas 2010-02-25T16:00:00Z Regulators seized 140 banks in 2009, the highest annual level since 1992 in the wake of the savings and loan crisis. 2010-01-20T22:05:00Z Regulators closed 140 banks last year, the highest level since 1992 when officials were still cleaning up from the savings and loan crisis. 2010-01-09T03:00:00Z Two weekly newspapers, the Advocate and the ... are published in the place; there are also two national banks, one savings bank, and a savings and loan association. The New England Magazine, Volume 1, No. 1, January 1886 Bay State Monthly, Volume 4, No. 1, January, 1886 Large insurance companies or savings and loan associations also issue fifteen to twenty year first mortgages, amortized over the period by monthly, quarterly, or semi-annual payments. If You're Going to Live in the Country The secretary has for some time been in charge of the office of a savings and loan association and is the only woman member of the Indianapolis fire insurance inspection board. The Cost of Shelter The savings and loans association, or the thrift, was a strange banking hybrid, very much akin to the building society in Britain. Crime and Corruption It regulates banks and savings and loans with the aim of avoiding insurance claims by depositors. Crime and Corruption Banks and savings and loans abused the confusing overlaps in authority and regulation among numerous government agencies. Crime and Corruption In a classic arbitrage, savings and loans paid low interest on deposits and invested the money in high yielding government and corporate bonds. Crime and Corruption |
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