Testimony on the Impact of Highly Leveraged Transactions upon the Banking Industry, before the House Committee on Ways and Means by L. William Seidman, Chairman, Federal Deposit Insurance Corporation, Washington, D.C.
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Testimony on the Impact of Highly Leveraged Transactions upon the Banking Industry, before the House Committee on Ways and Means by L. William Seidman, Chairman, Federal Deposit Insurance Corporation, Washington, D.C.

Filetype[PDF-2.23 MB]



Details:

  • Publisher's site:
    https://www.fdic.gov/ | FDIC.gov
  • Personal Author:
  • Content Notes:
    Includes graph, Corporate Debt Burden, with caption "Before LBOs, corporate debt rose in

    recessions and dropped during expansions."

  • Dataset Download URL:
  • Format:
  • Release Date:
    01/31/1989
  • Agencies Involved:
    Federal Deposit Insurance Corporation (FDIC);U.S. Department of the Treasury;Board of Governors of the Federal Reserve System (The Fed);Office of the Comptroller of the Currency (OCC);
  • Congressional Committee Involved:
    House Committee on Ways and Means
  • Fdic Employee Involved:
    L. William Seidman
  • Law Involved:
    Tax Reform Act of 1986
  • Other Notable People Involved:
    Nicholas Frederick Brady;Ben S. Bernanke;John Y. Campbell;Michael C. Jensen;
  • Other Institutions Involved:
    Bankers Trust Company;RJR Nabisco;Kohlberg, Kravis, Roberts & Company;Harvard Business School;Revco;Princeton University;
  • Source:
    FDIC Library Collection
  • Main Document Checksum:
  • File Type:

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