Robbery at the Saving and Loan… a reminder
As I wait for the roofers to fix a leak in a flat part of the roof I pass along this comment and link:
Lifted from comments at Naked Capitalism, reader Mary points us to some history: Martin Mayer C-Span link in full: The Greatest Ever Bank Robbery” 1990. Even as Wells Fargo bank remains on a precarious path, life goes on and you just hope this time it works better.
Martin Mayer is a fine fellow. But his account was sensationalized. Most of the causes were far more prosaic falilures of public policy perpetrated by well-meaning politicians and bureaucrats.