The savings and loan scandal did more than bring tears to the eyes of the President's third son last week. Suddenly, through the lens of one man's life, the larger saga of an industry gone corrupt snapped into sharp resolution. The grief that crossed the fresh, Boy Scout face of Neil Bush struck a human chord of sympathy. But it also created a moment of clarity, defining the situation.
It was not thugs in ski masks who drained billions and billions of dollars from the nation's S&Ls.; It was hundreds of (mostly) respected citizens in pinstripes who, seeing that deregulation had...
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