http://isuphoto.smugmug.com/gallery/3618256_mxfJn/ The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. Smith professor of finance and economics at Loyola University in Chicago, says the potential costs are still too high. In his presentation for the College of Business at ISU, Kaufman discussed his ideas for further policy changes so that the cost of bank failures is as low as possible and that the largest institutions will not gamble that regulators will bail them out if they become insolvent. Kaufman, who is director of the Center for Financial and Policy Studies in the School of Business at Loyola, spoke at 5 p.m. Oct. 8 in the ISU College of Business, 11th floor conference room. Photos by Tony Campbell http://www.smugmug.com/img/feed-icon.png Events Wed, 30 Nov -001 00:00:00 -0800 Tue, 09 Oct 2007 06:10:12 -0700 http://www.smugmug.com/ Copyright 2009, the copyright holder of each photograph. Some portions copyright SmugMug. All rights reserved. http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0178/206036534_8hefZ-Ti.jpg http://isuphoto.smugmug.com/gallery/3618256_mxfJn/ http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036534_8hefZ <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036534_8hefZ" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0178/206036534_8hefZ-Th.jpg" width="150" height="107" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events Tue, 09 Oct 2007 06:09:02 -0700 nobody@smugmug.com (ISUphoto) http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0178/206036534_8hefZ-Th.jpg 2007-10-08 05:12:05 b0ed313ef9761cfeb4e7d433035ca78c 9d7542674ec7b9902c5c1039ec74ec2a 81a9c9b9a2aed9628fab7376538337c6 0f2bb9b5468be29b5ae72fec2a1c7dcf aa0f71f3137c3cba9b5754dde1cb100d a077d18ea825da36de578bacd62ecd6c c87e9459627200ffd665c52116fd7be8 81098bade5ae66a882d2cfa9d2ea754b 0986902c16d5926ff94a2270c686de7b The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ... <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036534_8hefZ" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0178/206036534_8hefZ-Th.jpg" width="150" height="107" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events kaufman, george, bank ISUphoto ISUphoto http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036545_cuVuf <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036545_cuVuf" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0176/206036545_cuVuf-Th.jpg" width="150" height="100" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events Tue, 09 Oct 2007 06:09:05 -0700 nobody@smugmug.com (ISUphoto) http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0176/206036545_cuVuf-Th.jpg 2007-10-08 05:10:27 b437779a7947dfb35f6a3f69944c2d4a 74906f1f7d25dc89adbe11fade0b95ed 031aefddac84952989bc8a2d104fec10 4a8d120b9f1662da10bb7e60b1acf341 ad00d16add61ce1dec9fe60ee8e4702d 425fe9dcb687518da08a5d43a790089c The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ... <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036545_cuVuf" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0176/206036545_cuVuf-Th.jpg" width="150" height="100" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events kaufman, george, bank ISUphoto ISUphoto http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036686_xujKR <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036686_xujKR" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0174/206036686_xujKR-Th.jpg" width="150" height="101" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events Tue, 09 Oct 2007 06:09:39 -0700 nobody@smugmug.com (ISUphoto) http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0174/206036686_xujKR-Th.jpg 2007-10-08 05:09:12 e403953668f84d8b7b2c1f175011d4c3 d776076069e6f2a1d7c5838f2406ead7 7a73fd5688e9c050896f3fcdb8d5924c 11f20f1aa8fa88ce66c0d4d0810d7717 fbd3648c3acd9f31d17f1cf01ae83ee5 ee71ec17e3a76d4eb4a1a1d387e612c5 1965ec32acd1697dc4b160fb806d3513 The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ... <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036686_xujKR" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0174/206036686_xujKR-Th.jpg" width="150" height="101" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events kaufman, george, bank ISUphoto ISUphoto http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036692_2fqsD <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036692_2fqsD" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0171/206036692_2fqsD-Th.jpg" width="150" height="106" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events Tue, 09 Oct 2007 06:09:40 -0700 nobody@smugmug.com (ISUphoto) http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0171/206036692_2fqsD-Th.jpg 2007-10-08 05:07:34 e959648a8c8a51c2101a47947b94a077 efcec2270012462d148675e4b41fe2d9 bda71ebfd55bac04eb5847641471a038 e12a548623372cda22f6e2e5b8020c71 0c9df712e674dbc551d680fbc9c00bed ffc9e001b89898d354beb3a718fe1a71 The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ... <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036692_2fqsD" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0171/206036692_2fqsD-Th.jpg" width="150" height="106" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events kaufman, george, bank ISUphoto ISUphoto http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036703_ySoUt <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036703_ySoUt" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0179/206036703_ySoUt-Th.jpg" width="150" height="100" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events Tue, 09 Oct 2007 06:09:43 -0700 nobody@smugmug.com (ISUphoto) http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0179/206036703_ySoUt-Th.jpg 2007-10-08 05:12:16 2de572e80788fe93aa2d02fd0aa95066 97218f7009b2b9e1dc9241aa6e85107e ea4b36b5d2db3b5b3fafcd06702cf2e9 0cf29345c692931ed72e8ddab6d2ea64 55c429de67b31ed9c14bffd31e2dc884 8efcc3d4e209500fdb746449ae85ee5d The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ... <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036703_ySoUt" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0179/206036703_ySoUt-Th.jpg" width="150" height="100" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events kaufman, george, bank ISUphoto ISUphoto http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036803_XsSJj <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036803_XsSJj" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0173/206036803_XsSJj-Th.jpg" width="150" height="141" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events Tue, 09 Oct 2007 06:10:10 -0700 nobody@smugmug.com (ISUphoto) http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0173/206036803_XsSJj-Th.jpg 2007-10-08 05:08:07 88913de8d3926f010e3d358d99181374 75878b293e0d6b94ecb9e4088430d8f7 87c726d37fc2091c8cd11e5ceef426f4 201cafc1d5aac8524279bbf7b0bb6f30 1765a81911aea7a193446f396f168f97 d7d2b1a3917ba78d46416d9e4d52ec89 The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ... <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036803_XsSJj" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0173/206036803_XsSJj-Th.jpg" width="150" height="141" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events kaufman, george, bank ISUphoto ISUphoto http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036819_JdJqU <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036819_JdJqU" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0172/206036819_JdJqU-Th.jpg" width="150" height="146" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events Tue, 09 Oct 2007 06:10:12 -0700 nobody@smugmug.com (ISUphoto) http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0172/206036819_JdJqU-Th.jpg 2007-10-08 05:07:54 630dec1f7560ca83d1bb34f45839cc97 7ff1cabbca9bdb30697ad71e887c1714 c1be94e0fbaffd58504c882ed07059d7 20dc21d7cd24a74757ee758687e36e62 41b82820d8a9b0401b4ecd21dd96645c 1d7fd22858c1e0635942b168019b0625 41d07596cd205213bada6018580f30ef The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ... <p><a href="http://isuphoto.smugmug.com">ISUphoto</a><br />The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ...</p><p><a href="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/3618256_mxfJn#206036819_JdJqU" title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..."><img src="http://isuphoto.smugmug.com/Events/Speaker-discusses-bank/kaufmangeorgebank0172/206036819_JdJqU-Th.jpg" width="150" height="146" alt="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." title="The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. ..." style="border: 1px solid #000000;" /></a></p> Events kaufman, george, bank ISUphoto ISUphoto