In this account of the US savings and loan industry collapse, Mayer details how the disaster came about, who is to blame, and what - if anything - the American tax-paying public can do about it.
The author has tremendous command of the subject matter. He does not deliver it to the reader due to poor organization and average writing.
Ideal if you have to write a paper about the S&L fiasco. It's extremely to read from start-to-finish even if you care due to the author's compulsion to name as many names as possible so that posterity will know who to blame.
Great subject. Very relevant even in 2010. Writing bogged down with convoluted details. Author meanders a lot while rarely summarizing. Not a great read overall.