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What economic principles should policymakers in other countries have learned from the S&L mess? Appropriate incentives for government supervisors are critical
For individual institutions' insolvencies to trigger a national financial crisis, cumulative losses across an important industry sector must exceed the safety-net support that creditors expect the...(Continue Reading) GDB-CBI incentive loan program - Government Development Bank, Caribbean Basin Initiative
GDB-CBI Incentive Loan Program The Government Development Bank for Puerto Rico (GDB) has launched an important new CBI loan program to help promote ......(Continue Reading)Student loan groups bilk billions out of U.S. government
When U.S. Secretary of Education Roderick Paige in 2001 promised to cut down on government waste at the Education Department, it probably didn't occur ......(Continue Reading)AGSCAM: the new world money order; the Department of Agriculture's long, dirty dance with a dictator - loan guarantee program to Iraq
Mark Feldstein is a correspondent with CNN's Special Assignment" investigative reporting team in Washington, Research assistance was provided by John ......(Continue Reading)Big Money Crime: Fraud and Politics in the Savings and Loan Crisis. - book reviews
For a variety of reasons, Big Money Crime by academics Kitty Calavita, Henry N. Pontell, and Robert H. Tillman is a curious book. For one thing, it ......(Continue Reading)
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