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Traces the events, policies, and players in the S&L scandal, and criticizes current plans for reform of the banking system
An account of the savings-and-loan scandal of the 1980s describing its causes and results.
On a sunny September morning in 1930, six men entered the Lincoln National Bank in Nebraska's capital city armed with revolvers and Thompson submachine guns. In eight minutes they emerged with more than 2.7 million dollars, the largest take of any bank heist in history. A nationwide search for the bandits would lead Nebraska authorities through the rough, gangland streets of Chicago and East St. Louis, and deep into the heart of the Capone organization. The Great Heist not only chronicles the search for the bandits and the trials that followed, but the incredible story of how they got the money back.
The author of Crude Politics and Infiltration offers an analysis of public policy’s role in the 2008 financial crisis. You may not realize it, but you helped pay for a $10 million, fourteen-month government “investigation” of the housing collapse. Only your $10 million didn’t buy much, and it certainly didn’t buy truth; any hope of that went out the window on day one. The congressionally appointed panel—made up primarily of anti-market, historic revisionists—managed to shift the blame away from Washington and onto mortgage lenders and “greedy” Wall Street executives, while protecting the real culprits at the core of the crisis: POLITICIANS LIKE THEMSELVES. It’s not about Democrat or Republican, left or right, black or white. It’s about the usual suspects—money and power and the people who use government to manipulate them for private advantage. The Great American Bank Robbery maps out in detail exactly how Washington social engineers and their accomplices reshaped banking regulations and housing policies and gutted time-tested underwriting standards that led to the worst financial calamity since the 1930s, one that has robbed American households of $14 trillion in net worth. And they’re not done yet . . .
On November 12, 1971, Bernard Patterson, a much decorated Vietnam War hero, turned a real-life version of Don Quixote, Butch Cassidy, and Robin Hood all rolled into one package, robbed the Northern National Bank in Mars Hill, Maine. He escaped with $110,000; at the time, the largest bank robbery in the history of the state. A tunnel rat and paratrooper in Vietnam who rose to the rank of Sergeant, he was awarded four bronze stars and recommended for a silver star for valor. He returned home to northern Maine broke and disillusioned. Wearing dark glasses, dressed in a Marx Brother’s ankle length coat and wearing a blue wig, he robbed the bank, even though he was recognized by the elderly teller. He initially escaped by paddling a rubber raft down the Prestile Stream. This was the beginning of a comic, outrageous, implausible journey that took him across the United States, then to Europe and North Africa before finally surrendering to authorities in Scotland Yard after he had spent most of the money. Along the way, he lived a raucous life of wine and women while hobnobbing in aristocratic hangouts and giving money to those he perceived to be in need; all the time staying just a heartbeat ahead of law enforcement officials. He motor biked across Europe, hoodwinked border officials, bought a camel and got lost in the North African desert. Returned to the United States for prosecution, he was convicted and imprisoned. Released several years later, he moved back to northern Maine, where he continued to lead a reckless life that included running a “pot farm,” until he died at age 56 in 2003. When asked by a friend why he had robbed the bank, he responded, “the VA wouldn’t give me a loan, so I decided to take one out on my own.”
ANOTHER TRUE CRIME STORY FROM J. NORTH CONWAY—NOW IN PAPERBACK! The riveting story of one of America’s most notorious crimes and the mysterious man behind it “Engrossing. . . . Conway skillfully paints a backdrop of fierce and flamboyant personalities who paraded across the Gilded Age. . . . [H]e capably recounts his story against a background of glitter and greed.” —Publishers Weekly “A page-turning account of one of the most brazen crimes of our time.” —Reader’s Digest “Conway, a college prof and ex-newspaper man, covers this ancient tale in a way that makes it feel like a hot news story.” —New York Post King of Heistsis a spellbinding and unprecedented account of the greatest bank robbery in American history, which took place on October 27, 1878, when thieves broke into the Manhattan Savings Institution and stole nearly $3 million in cash and securities—around $50 million in today’s terms. Bringing the notorious Gilded Age to life in a thrilling narrative, J. North Conway tells the story of those who plotted and carried out this infamous robbery, how they did it, and how they were tracked down and captured. The robbery was planned to the minutest detail by criminal mastermind George Leonidas Leslie—a society architect and ladies’ man whose double life as the nation’s most prolific bank robber led him to be dubbed the “King of the Bank Robbers.” An absorbing tale of greed, sex, crime, betrayal, and murder, King of Heistsblends all the richness of history with the thrills of the best fiction.
Superthief is a captivating first-hand look at the life of Phil Christopher, a career criminal, Mafia associate, and one of the most successful bank burglars in the United States. In a raw and candid accounting, Rick Porrello takes his readers inside Phil's brutal street world and prison life and exposes the details behind the planning and execution of the daring and record-setting 1972 United California Bank burglary in Orange County, California.
In this extraordinary collection, Tony Hillerman presents the Southwest as only he can, choosing remarkable true tales from his personal archives of local lore. As you read these stories, you will be amazed, astounded, and oftentimes confounded by the power of ingenuity, serendipity, and the strange, comical coincidence of life and how it proves, once again, that truth is ultimately stranger than fiction. From the amusing title story of the holdup that didn't happen, to the riveting account of scientists tracking Black Death through the arroyos, to the ironic account of how a black cowboy's commonsense intelligence destroyed the dogma of the Smithsonian Institution, master storyteller Tony Hillerman reveals the present and timeless past of one of America's most beautiful and haunting regions.
5 young men. 32 destroyed police vehicles. 1 spectacular bank robbery. This “cinematic” true crime story transports readers to the scene of one of the most shocking bank heists in U.S. history—a crime that’s almost too wild to be real (The New York Times Book Review). Norco ’80 tells the story of how five heavily armed young men—led by an apocalyptic born–again Christian—attempted a bank robbery that turned into one of the most violent criminal events in U.S. history, forever changing the face of American law enforcement. Part action thriller and part courtroom drama, this Edgar Award finalist for Best Fact Crime transports the reader back to the Southern California of the 1970s, an era of predatory evangelical gurus, doomsday predictions, megachurches, and soaring crime rates, with the threat of nuclear obliteration looming over it all. In this riveting true story, a group of landscapers transforms into a murderous gang of bank robbers armed to the teeth with military–grade weapons. Their desperate getaway turns the surrounding towns into war zones. And when it’s over, three are dead and close to twenty wounded; a police helicopter has been forced down from the sky, and thirty–two police vehicles have been completely demolished by thousands of rounds of ammo. The resulting trial shakes the community to the core, raising many issues that continue to plague society today: from the epidemic of post–traumatic stress disorder within law enforcement to religious extremism and the militarization of local police forces.
Crime does pay. At least for a while. You’ll see that quickly in these nine compelling and true stories of brilliant plans and guile. The thieves awaiting you seem to have it all. They are clever, cool, and determined with icy resolve. It took a lot of guts and nerves of steel to do what they did and not fold under the pressure. After all, if those hard-wrought plans had failed, they would have had plenty of time to think about what went wrong in prison. Hijack an airplane, demand a ransom and two parachutes, then disappear? Invent a device that allows you to record the combination of any bank vault, then break into bank vaults twice? Steal from a secret mob depository run by a boss known for his brutality? Rob a small-town bank in midday and ride off without a second thought? Piece of cake. The Greatest Heists Stories Ever Told will allow readers to appreciate the efforts that go into a truly magnificent heist. It is a celebration of stunning, well-planned and audacious capers that left police and armies of investigators looking for answers and scratching their heads. Among the stories included are: The Lufthansa Heist The Northfield Bank Robbery The Last Good Heist Hijack! DB Cooper’s Great Escape and many others