Bluebonnet Bank Investigation, Day 1

The subcommittee was investigating the acquisition of Bluebonnet Bank by James Fail, despite his history of legal and regulatory… read more

The subcommittee was investigating the acquisition of Bluebonnet Bank by James Fail, despite his history of legal and regulatory problems. He acquired Bluebonnet with $1,000 of his own money and loan of about $70 million. In acquiring Bluebonnet, he also got $1.8 billion of government subsidies. Former regulators discussed why they selected this bid over another bid that would have saved taxpayers $97 million. close

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  • Lykos, Thomas Director Financial Institutions Group
  • Root, Stuart Executive Director (Former) Federal Savings and Loan Insurance Corp.
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Bluebonnet Bank Investigation, Day 1

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Program ID:
13419-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jul 31, 1990
Last Aired:
Aug 5, 1990

Airing Details

  • Jul 31, 1990 | 11:37pm EDT | C-SPAN 2
  • Aug 05, 1990 | 1:45am EDT | C-SPAN 1
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