August 5, 1990
"The industry is a dinosaur. The only real question is when, not if, it is going to be folded into the banking industry." --Robert Litan of the Brookings Institution, on the future of the savings and loan industry.
April 4, 1993
Although there are a lot of wolves in the real estate loan industry, Jamaal Wilkes Home Loans is a reputable and professional mortgage brokerage company that provides a service with commitment and conscience. We are interested in doing homeownership seminars, including the pitfalls of real estate loan rip-offs and scams, to your constituency as a community service. JAMAAL WILKES Jamaal Wilkes Home Loans
October 28, 1992 |
Jay Janis, the nation's top savings and loan regulator in the Carter Administration and most recently the head of the trade group representing California's thrifts, died Monday night in UCLA Medical Center after a long bout with leukemia. He was 59. A popular figure in the state's savings and loan industry, the Bel-Air resident had served since Jan. 1 as president of the California League of Savings Institutions.
CALIFORNIA | LOCAL
May 29, 1989
The lingering political power of some elements of the savings and loan industry was demonstrated crudely in the House Judiciary Committee the other day when opponents of tough new capital requirements came within a single vote of wrecking President Bush's bailout plan, and a majority supported watered-down penalties for fraud. This served as a warning of the battle that lies ahead when the legislation reaches the floor of the House next month. It also served as a reminder of the continuing influence of the savings and loan industry over Congress, an influence effectively used over the years to extract outrageous concessions that facilitated the financial crisis now culminating in the $150-billion bailout.
CALIFORNIA | LOCAL
October 20, 1990 |
Assemblyman Tom Bane (D-Tarzana), a longtime champion of the savings and loan industry, received $513,000 in campaign contributions from thrifts--more than any other state legislator in the 1980s, according to a survey by two public-interest groups. In all, the survey said, savings and loans in the last decade contributed $4.1 million to state lawmakers, including at least $216,000 to Assembly Speaker Willie Brown (D-San Francisco), $214,000 to Senate President Pro Tem David A.