How Long to Read The Savings and Loan Crisis

How Long Does it Take to Read The Savings and Loan Crisis?

It takes the average reader 6 hours and 37 minutes to read The Savings and Loan Crisis by James R. Barth

Assuming a reading speed of 250 words per minute. Learn more

Description

Robert L. Bartley Editor Emeritus, The Wall Street Journal As this collection of essays is published, markets, regulators and society generally are sorting through the wreckage of the collapse in tech stocks at the turn of the millennium. All the more reason for an exhaustive look at our last “bubble,” if that is what we choose to call them. We haven’t had time to digest the lesson of the tech stocks and the recession that started in March 2001. After a decade, though, we’re ready to understand the savings and loan “bubble” that popped in 1989, preceding the recession that started in July 1990. For more than a half-century, we can now see clearly enough, the savings and loans were an accident waiting to happen. The best insurance for financial institutions is diversification, but the savings and loans were concentrated solely in residential financing. What’s more, they were in the business of borrowing short and lending long, accepting deposits that could be withdrawn quickly and making 20-year loans. They were further protected by Regulation Q, allowing them to pay a bit more for savings deposits than commercial banks were allowed to. In normal times, they could ride the yield curve, booking profits because long-term interest rates are generally higher than short-term ones. This world was recorded in Jimmy Stewart’s 1946 film, It’s a Wonderful Life.

How long is The Savings and Loan Crisis?

The Savings and Loan Crisis by James R. Barth is 393 pages long, and a total of 99,429 words.

This makes it 133% the length of the average book. It also has 122% more words than the average book.

How Long Does it Take to Read The Savings and Loan Crisis Aloud?

The average oral reading speed is 183 words per minute. This means it takes 9 hours and 3 minutes to read The Savings and Loan Crisis aloud.

What Reading Level is The Savings and Loan Crisis?

The Savings and Loan Crisis is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Savings and Loan Crisis?

The Savings and Loan Crisis by James R. Barth is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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