Symposium on "The savings and loan industry: crisis or opportunity?"

Abstract

This paper presents the summary of a symposium on the crisis facing the savings and loan industry in the United States. It includes the thoughtful and thought-provoking opinions of four very active and renowned industry partic ipants and observers. The symposium examines the causes of the crisis and identifies key issues facing policy makers.

The symposium was sponsored by the Management Department, Bucknell University. We thank Professors George Kester and Elton McGoun for editing the presentations of the panelists and providing an insightful introduction and concluding note.

We believe this symposium format is a valuable tool for discussing different perspectives on crises that are currently in progress. From time to time we will publish symposium discussions about ongoing crises. We hope that these sym posium papers will act as catalysts for debate and research on emerging crises.