The recent experiences of the savings and loan industry, with the mounting insolvencies and losses, are giving the world a first-hand example of how a financial system should not operate. A number of economic factors, combined with a series of regulatory errors, have contributed to the substantial difficulties encountered by savings and loan institutions during the last decade.
The Bears and Honey Pots: The Savings and Loan Debacle.
Bridgewater Review, 8(1), A5-A7, A14.
Available at: http://vc.bridgew.edu/br_rev/vol8/iss1/4