The Savings and Loan Banking Crisis: George Bush, the CIA, and Organized Crime

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1992 – The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of about 747 out of the 3,234 savings and loan associations in the United States. A savings and loan or “thrift” is a financial institution that accepts savings deposits and makes mortgage, car and other personal loans to individual members—a cooperative venture known in the United Kingdom as a Building Society. “As of December 31, 1995, RTC estimated that the total cost for resolving the 747 failed institutions was $87.9 billion.” The remainder of the bailout was paid for by charges on savings and loan accounts — which contributed to the large budget deficits of the early 1990s.

The concomitant slowdown in the finance industry and the real estate market may have been a contributing cause of the 1990–91 economic recession. Between 1986 and 1991, the number of new homes constructed per year dropped from 1.8 million to 1 million, which was at the time the lowest rate since World War II.

 

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The Second Gun - Assassination of Robert F. Kennedy , 4.7 out of 5 based on 13 ratings
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The Second Gun – Assassination of Robert F. Kennedy

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Documentary suggesting the possibility of another gunman involved in the assassination of Robert F. Kennedy.

This film ignited a worldwide controversy on 3 levels; journalistic, legal and forensic. It continues today. The entire film, director’s copy and out-takes are housed at the Pickford Center for Motion Picture Study/Academy of Motion Picture Arts & Sciences, Hollywood CA. The Ted Charach RFK documentary archive, the world’s largest private collection on the Second Gun discovery, is located at the Henry C. Lee Institute of Forensic Sciences at the University of New Haven, New Haven, CT.

 

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The Second Gun - Assassination of Robert F. Kennedy , 4.7 out of 5 based on 13 ratings

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