Federal Savings and Loan Insurance Corporation organization
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Related entities (most co-mentioned)
Andrews and Kurthorganization · 4Mainland Savingsorganization · 4Penn Square Bankorganization · 2Raymond Hillperson · 1Sunrise Savingsorganization · 1Ronald Berkowitzperson · 1Robert Jacobyperson · 1Edwin Grayperson · 1Seattle First Nationalorganization · 1Sharpstown State Bankorganization · 1Irvin Spragueperson · 1George H.W. Bushperson · 1Bailoutbook · 1James Bakerperson · 1Mario Rendaperson · 1
Claims (2)
Mainland Savings overbilled_or_diverted
Federal Savings and Loan Insurance Corporation book_quoted
“Insurance Corporation acknowledged that there had been wrongdoing at Mainland, but it wouldn't have been worth filing a lawsuit over. Half a billion dollars was stolen from us. They said that the former officers and directors at Mainland di…”
▶ The Colonel’s Corner-The Mafia, CIA & George Bush Part 6 @ 7:52
Federal Savings and Loan Insurance Corporation funded
Andrews and Kurth book_quoted
“Their indictments were the result of information dug up by private investigators, not the FBI. After Mainland felled, the Federal Savings and Loan Insurance Corporation hired the Houston law firm of Andrews and Kurth to investigate the fail…”
▶ The Colonel’s Corner-The Mafia, CIA & George Bush Part 6 @ 5:57
Mentions (8)
▶ 29:26
Berkovich testified that in 1984, Sunrise CEO Robert Jacoby met with Bush in his VP office, where Jacoby complained that federal examiners were being too tough on Sunrise. The embarrassing situation was created when Mr. Bush, Vice President…
▶ 4:58
Mainland Savings failed on April 4th, 1986. The way the Federal Savings and Loan Insurance Corporation handled Mainland's failure has made it impossible to tell the exact losses, but they have been estimated to be half a billion dollars. Al…
▶ 5:57
Their indictments were the result of information dug up by private investigators, not the FBI. After Mainland felled, the Federal Savings and Loan Insurance Corporation hired the Houston law firm of Andrews and Kurth to investigate the fail…
▶ 7:26
author's desk. It contained a lawsuit drawn up by Andrews and Kurth against the officers and directors of Mainland that had never been filed. The unfiled lawsuit contained page after page of detailed allegations of wrongdoing, including cri…
▶ 11:50
There has even been speculation that Hill had signed a secrecy agreement with the CIA himself. Basically, a get out of jail free card. The junior attorneys at Andrews and Kurth, who worked on the lawsuit, apparently wanted to file it agains…
▶ 12:20
During this time, the U.S. Treasury Secretary was none other than James Baker, who also was involved in it, who had moved on to be the White House Chief of Staff. Baker, also the former managing partner at Andrews and Kurth. So you want to …
▶ 27:18
had to be sold to avoid a bailout. The FDIC paid off $218 million in insured deposits at Penn Square, the largest payoff since 1971, when $80 million was required for the failure of Sharpstown State Bank in Houston. This failure was part of…
▶ 27:48
The Sharpsdown scandal. The Penn Square experience, this is a quote, gave us a rough alert to the damage that can be done by brokered deposits funneled through troubled institutions, said the former FDIC chairman, Irvin Sprague, in his book…