Saving Face

Recommendations

"As a federal prosecutor caught up in the maelstrom of what came to be known as the "Savings & Loan Crisis," the lessons of that era have not been lost on me. As we wait to see how far-reaching the ripple effects of the sub-prime mortgage collapse will be, these lessons -- which lay at the heart of Bill King's book about events of nearly 20 years ago -- remain important and critical today."

Michael E. Clark
Former Assistant U.S. Attorney, Chief of Criminal Division-Houston, 1993-1997
Ajunct Professor, University of Houston Law Center

"If you read accounts [written] of the S&L debacle while it was happening during the '80s and '90s, you read quite a lot of fiction. What really occurred is much more interesting, even more sensational. Bill King has described in his book what could happen, in fact, what did happen, to him, a Texas lawyer, who tried to follow the myriad regulatory rules while owning and operating a thrift. This book is an excellent read and a must for those of us who lived through and survived this troubling period."

Arthur W. Leibold, Jr.
Former General Counsel, Federal Home Loan Bank Board (1969-1972)
Former Board Emeritus, American Bar Endowment