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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Shortfall: Family Secrets, Financial Collapse, and a Hidden History of American Banking

Shortfall: Family Secrets, Financial Collapse, and a Hidden History of American Banking

Hardcover

Accounting20th Century United States HistoryRegional: West

ISBN10: 1620973030
ISBN13: 9781620973035
Publisher: New Pr
Published: Oct 3 2017
Pages: 320
Weight: 1.10
Height: 1.20 Width: 5.70 Depth: 8.30
Language: English
The rollicking true story of a 1930s version of Bernie Madoff--and the building and loan crash he helped precipitate--in a wonderful work of narrative nonfiction by the Gustavus Myers book award winner

Shortfall opens with a surprise discovery in an attic--boxes filled with letters and documents hidden for more than seventy years--and launches into a fast-paced story that uncovers the dark secrets in Echols's family--an upside-down version of the building and loan story at the center of Frank Capra's 1946 movie, It's a Wonderful Life. In a narrative filled with colorful characters and profound insights into the American past, Shortfall is also the essential backstory to more recent financial crises, from the savings and loan debacle of the 1980s and 1990s to the subprime collapse of 2008.

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Regional: West