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The Daisy Chain: How Borrowed Billions Sank a Texas S & L

The Daisy Chain: How Borrowed Billions Sank a Texas S & L

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Product Info Reviews

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Rating: 5 stars
Summary: Rollicking analysis of an S&L's collapse
Review: I can't believe no one has reviewed this book. James Shea adapts a twangy vernacular to skewer the inflation and deflation of Don Dixon's Texas savings and loan. Dixon took advantage of deregulation and profited handsomely. Whether it was intentional fraud or opportunism is up to the reader to decide, but the book is written like a summer detective novel. It's better than so much of the hack work out there, and it's true! I recommend this in addition to "Funny Money" by Mark Singer.

Rating: 5 stars
Summary: Rollicking analysis of an S&L's collapse
Review: I can't believe no one has reviewed this book. James Shea adapts a twangy vernacular to skewer the inflation and deflation of Don Dixon's Texas savings and loan. Dixon took advantage of deregulation and profited handsomely. Whether it was intentional fraud or opportunism is up to the reader to decide, but the book is written like a summer detective novel. It's better than so much of the hack work out there, and it's true! I recommend this in addition to "Funny Money" by Mark Singer.


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