Who Failed? The Press, the Regulators, and Other Contributors to the S&L Losses
journal contributionposted on 01.06.1972, 00:00 by Allan MeltzerAllan Meltzer
Peter Dickson has given one interpretation of the history and causes of the S&L failures. I agree with parts, disagree with parts. Rather than pick his arguments apart, I will offer my own interpretation of the history, causes and culpabilities.