Number	8262
Subject	Savings And Loans
Source	Frontline/Center for Investigative Reporting
State	CA
Year	1991
Publication Date	October 22, 1991
Summary	"CIR's Frontline documentary on the savings-and-loan bailout calls this the biggest U.S. financial scandal ever. 'This is the mother of all government mistakes,' says William Seidman, former Resolution Trust Corporation, the federal bailout agency charged with managing and selling off failed S&L assets worth hundreds of billions in taxpayer's dollars. This CIR investigaiton shows how and why the government has bungled the bailout, telling the inside story of mismanagement and politics that has doubled the projected cost of the bailout, which is now estimated to reach $700 billion or more. "
Category	None
Pages	30
Keywords	VIDEOCLIP TAPE TRANSCRIPT bank examiners insured deposits high risk securities deregulation thrift industry
Related Links	None
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