Sprague was formerly chairman and board member of the Federal Deposit Insurance Corporation, authorized by Congress to rescue banks deemed «essential» to the economy. His book examines . . . the largest bank bailouts of the early 1980s, including the First Pennsylvania Bank of Philadelphia and Continental Illinois
1 Ebooks de Irvine H. Sprague
Irvine H. Sprague: Bailout
During the high interest times of the 1970s and 1980s, banks and savings and loan associations were under heavy financial pressure. Hundreds of them failed. The Home Loan Bank Board permitted the sav …
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