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Predicting Failure in the Savings and Loan Industry: a Comparison of RAP and GAAP Accounting

Description: The financial crisis facing the United States savings and loan industry has been steadily escalating over the last decade. During this time, accounting treatments concerning various thrift institution transactions have also attracted a great deal of attention. The specialized accounting treatments used in the thrift industry, known as regulatory accounting practices (RAP) have been blamed as one of the culprits hindering the regulators' ability to detect serious financial problems within many i… more
Date: December 1989
Creator: Kenny, Sara York
Partner: UNT Libraries
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