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Savings and loan ownership structure and expense-preference

Article Abstract:

Authors Akella and Greenbaum conclusions on the difference in priorities between managers of mutual savings and loans associations (S&L) and those of stockholder-owned S&Ls are not totally valid. For one, their use of an endogenous factor in deriving their conclusion about the expense-oriented attitude of managers in mutual S&Ls makes such a conclusion invalid. Less problematic is their conclusion about the tendency of mutual S&Ls to invest their assets in loans and to incur most of their liabilities from deposits in a degree higher than that of stockholder-owned S&Ls.

Management, Bankers

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Measuring the true profile of taxpayer losses in the S&L insurance mess

Article Abstract:

It is proven that the application of conservative methods of projecting and discounting cash flows to information gathered in the Federal Home Loan Bank's system would have revealed the savings & loan deposit-insurance losses before taxpayers knew about it. An opportunity-cost method is developed for deriving measurements of thrift net worth and for applying these figures to compute the Federal Savings and Loan Insurance Corp.'s annual income.

Deposit insurance, Federal Savings and Loan Insurance Corp.

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A note on savings and loan ownership structure and expense preference: A re-examination

Article Abstract:

A study of bank ownership and expense preference indicates that removing competitive barriers increases efficiency.

United States, Science & research

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