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Savings And Loan
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Bill Seitz is a Product Manager/CTO with a track-record of bringing a business perspective to building agile product-development teams for start-ups, and is seeking a senior role in an entrepreneurial organization building disruptive Internet-driven products.
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last edited
by BillSeitz
on
Nov 1, 2008 7:52 pm |
aka [SAndL]
The U.S. Savings and Loan crisis of the 1980s and 1990s was the failure of several savings and loan associations in the United States. The ultimate cost of the crisis is estimated to have totaled around [USD]$160.1 billion, about $124.6 billion of which was directly paid for by the U.S. government - that is, the U.S. taxpayer, either directly or through charges on their savings and loan accounts-, which contributed to the large budget deficits of the early 1990s. http://en.wikipedia.org/wiki/Savings_and_Loan_crisis
The [Keating Five] were five United States Senators (Us Senate) accused of Corrupt Ion in 1989, igniting a major political scandal as part of the larger Savings and Loan crisis of the late 1980s and early 1990s. The five senators, [Alan Cranston] (D-[CA]), [Dennis De Concini] (D-[AZ]), [John Glenn] (D-[OH]), John Mc Cain (R-[AZ]), [Donald Riegle] (D-[MI]), were accused of improperly aiding [Charles Keating], Jr., chairman of the failed Lincoln Savings and Loan Association, which was the target of an investigation by the [Federal Home Loan Bank Board] ([FHLBB]). http://en.wikipedia.org/wiki/Keating_Five
Bill Seitz, fluxent at gmail dot com, Weblog