Webb1 sep. 1988 · Penn Square, Upstream Lending, and the Bank Examination Dilemma. The Bankers Magazine, 165 (November/December 1982), pp. 15-18. View Record in Scopus Google Scholar. Hill, 1975. G. Hill. Why Insured Banks Failed: 1960–1974. Federal Deposit Insurance Corporation, Washington, D.C (1975) Webb22 nov. 2013 · Regulations at the time prohibited banks and bank holding companies from branching and owning banks across state lines, which led many of them to purchase loans from banks in other states. Continental Illinois had purchased $1 billion in speculative energy-related loans from Oklahoma-based Penn Square Bank, loans that originated …
Penn Square Bank crash biggest 1982 news - oklahoman.com
Webb1 mars 1988 · The Penn Square Bank failure provides an excellent vehicle for testing how well returns on bank securities anticipated and reacted to banking problems in a … WebbToo Big to Fail: The Hazards of Bank Bailouts. Washington, DC: Brookings Institution Press, 2004. Wall, Larry D., and David R. Peterson. "The Effect of Continental Illinois' Failure on the Financial Performance of Other Banks." Journal of Monetary Economics 26, no. 1 (1990): 77–99. Zweig, Phillip L. Belly Up: The Collapse of the Penn Square Bank. in compliance we trust
Fourth Man Indicted in Oklahoma Bank Collapse AP News
Webb4 mars 2012 · The Penn Square fiasco had some fearing it was going to cause a complete failure of the banking system and plunge the country into depression. So, Penn Square was certainly "common" or "unique" to Oklahoma City because this incident happened here. Nothing else, in pure hubris, arrogance and criminality, came close to Penn Square (at … WebbAmong banks, Penn Square was regarded as a maverick energy lender willing to fund the unorthodox and take a risk. It would "bank" a borrower that other banks would not. It was, to say the least, aggressive in lending to the new oil and gas exploration firms, production companies, and ... Webb9 maj 1985 · The oil and gas boys down in Oklahoma--call them oilies--did indeed have cooperative bankers at Penn Square. In fact, there were cooperative people all around … in compliance to meaning