Bluebonnet Bank Investigation, Day 1 The subcommittee was investigating the acquisition of Bluebonnet Bank by James Fail, despite his history of legal and regulatory problems.… read more

Bluebonnet Bank Investigation, Day 1 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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  • Thomas Lykos Director Financial Institutions Group
  • Stuart Root 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 | 11:37pm EDT | C-SPAN 2
Last Aired:
Aug 05, 1990 | 1:45am EDT | C-SPAN 1

Airing Details

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