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The Crisis of American Savings & Loan Associations: A Comprehensive Analysis

The Crisis of American Savings & Loan Associations: A Comprehensive Analysis

Paperback

Series: Europaeische Hochschulschriften / European University Studie, Book 2332

AccountingEconomicsInvesting & Finance

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ISBN10: 3631336519
ISBN13: 9783631336519
Publisher: Peter Lang
Published: Jul 1 1998
Pages: 179
Language: English
The aim of this thesis is to show the reasons and causes of the S&Ls crisis during the decade of the 80's. It had been various individual facts, factors and also their interaction and mutual influence, that played a role in making the crisis. A comparison between S&Ls and German Mortgage Banks in the aspects mortgage types, project financing and capital requirements shows that it had been the prevailing circumstances of the S&Ls branch, which favoured the emergence and course of the S&Ls crisis. With the Principal-Agent Theory cooperative designs can be used for the mutual cooperation of S&Ls and their supervisory agencies and risk reduction within the sector.

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