The investigative reporter whose revelations of the shady business practices of Oklahoma s Penn Square Bank contributed to a run on the bank and its closing by government officials documents the greed and corruption that marked Penn Square s financial dealings...
|Title||:||Belly Up : The Collapse of the Penn Square Bank|
|Publisher||:||Crown Publishers, Inc Reprint edition December 9, 1985|
|Number of Pages||:||500 pages|
|File Size||:||963 KB|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
Belly Up : The Collapse of the Penn Square Bank Reviews
Perfect, Just as described... Would most defiantly purchase again, Great Book!
Another perspective on PS. Very interesting and well written. Whether it is all true or not, I don't know. Author keeps it reading almost like a novel.
We lived in OKC during that the timeline of most of the book.Well written and informative.
This is a great book about the rise and fall of a shopping center bank and how it affected money center banks such as Continental Illinois and Seattle First National. It is entertaining, as well as informational. With the current oil and gas boom, Belly Up may include lessons for today.
As a banker who began is career after 1982 it was good to read this bit of bank history. If we do not know our history we are doomed to repeat it.
Mr. Zwieg's detailed investigation into the Oklahoma gas boom bubble documents the hysteria that can simultaneously infect sophisticated investors, bankers and the public at large. He carefully leads the reader along the course of the unfolding tragedy. As is often the case in these indicents, one is left wodering how professionals who are accustomed to prudent banking practices become so slipshod. Mr. Zweig answers that question
Just finished this title. I was disappointed with the book for a couple of reasons: it is the story of Penn Square mostly only through its takeover by the FDIC. Very little on the aftermath except in the most general terms. Almost no detail about the criminal legal outcomes and no 'where are they now'.
Great book that is a must read for every banker