LEADER 00000cam  2200433 i 4500 
001    ocn974699746 
003    OCoLC 
005    20171003023655.0 
008    170714s2017    nyua     b    001 0 eng   
010      2017018190 
020    9781620973035|q(hardcover)|q(alkaline paper) 
020    1620973030|q(hardcover)|q(alkaline paper) 
035    (OCoLC)974699746 
040    DLC|beng|erda|cDLC|dBTCTA|dYDX|dBDX|dOCLCO|dGK8|dGP5
       |dOCLCA|dYDX 
042    pcc 
043    n-us-co|an-us--- 
049    CKEA 
050 00 HV6684.C6|bE34 2017 
082 00 364.16/24092|223 
092    364.1624 
100 1  Echols, Alice,|eauthor. 
245 10 Shortfall :|bfamily secrets, financial collapse, and a 
       hidden history of American banking /|cAlice Echols. 
246 30 Family secrets, financial collapse, and a hidden history 
       of American banking 
264  1 New York, NY :|bThe New Press,|c[2017] 
300    xxx, 318 pages :|billustrations ;|c22 cm 
336    text|btxt|2rdacontent 
337    unmediated|bn|2rdamedia 
338    volume|bnc|2rdacarrier 
504    Includes bibliographical references (pages [249]-300) and 
       index. 
505 00 |tPrologue: captain nothing --|tAdvertisements for himself
       --|tThe loan man --|tRacketeers and suckers --|tSlipping 
       through your fingers --|tSowing grief --|tThe port of 
       missing men --|tOrphans in the storm --|tEpilogue. 
520    Shortfall opens with a surprise discovery in an 
       attic—boxes filled with letters and documents hidden for 
       more than seventy years—and launches into a fast-paced 
       story that uncovers the dark secrets in Echols’s family—an
       upside-down version of the building and loan story at the 
       center of Frank Capra’s 1946 movie, It’s a Wonderful Life.
       In a narrative filled with colorful characters and 
       profound insights into the American past, Shortfall is 
       also the essential backstory to more recent financial 
       crises, from the savings and loan debacle of the 1980s and
       1990s to the subprime collapse of 2008.  Shortfall 
       chronicles the collapse of the building and loan industry 
       during the Great Depression—a story told in microcosm 
       through the firestorm that erupted in one hard-hit 
       American city during the early 1930s. Over a six-month 
       period in 1932, all four of the building and loan 
       associations in Colorado Springs, Colorado, crashed in an 
       awful domino-like fashion, leaving some of the town’s 
       citizens destitute. The largest of these associations was 
       owned by author Alice Echols’s grandfather, Walter Davis, 
       who absconded with millions of dollars in a case that 
       riveted the national media. This book tells the dramatic 
       story of his rise and shocking fall. 
600 10 Davis, Walter Clyde. 
650  0 Embezzlement|zColorado|vCase studies. 
650  0 Commercial crimes|zColorado|vCase studies. 
650  0 Savings and loan associations|xCorrupt practices|zColorado
       |vCase studies. 
650  7 BUSINESS & ECONOMICS / Banks & Banking.|2bisacsh  
650  7 HISTORY / United States / 20th Century.|2bisacsh  
650  7 HISTORY / United States / State & Local / West (AK, CA, CO,
       HI, ID, MT, NV, UT, WY)|2bisacsh  
651  0 United States|xHistory|y1919-1933. 
776 08 |iOnline version:|aEchols, Alice, author.|tShortfall|dNew 
       York, NY : The New Press, [2017]|z9781620973042|w(DLC) 
       2017035260 
914    MID.b25313800 
994    92|bCKE