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During the decades from 1982 to 1992, Texas banks failed at a rate unprecedented in United States history, even including the Great Depression of the 1930s. In all, 506 Texas commercial banks failed (accounting for 36% of all failures nationally), including seven of the ten largest banks in Texas. In this fascinating insider's account, Joseph M. "Jody" Grant, former chairman and chief executive officer of Texas American Bancshares, Inc. of Fort Worth (the seventh largest), tells the story of the collapse of Texas' major banks. He vividly re-creates the three-year struggle to save his own organization, Texas American Bancshares. This sobering account makes a compelling case against the FDIC's handling of Texas' financial crisis. In Grant's view, the bank failures have deprived Texas of the engine of capital that spawned the nation's third largest industrial economy, built Texas' major cities, bankrolled its entrepreneurs, and provided a pool of talented business and civic leaders. Grant's book will be thought-provoking reading for everyone in the financial community, as well as for students of Texas history and of business and government relations.
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Deals with the result of a study conducted by the FDIC on banking crisis of the 1980s and early 1990s. Examines the evolution of the processes used by FDIC and RTC to resolve banking problems, protect depositors and dispose of the assets of the failed institutions.
We exist in an era of great change and widespread uncertainty in which course-determining decisions lie with organizational leaders; in this continually shifting climate we require their courage to take action. Billions of dollars are spent annually on developing leaders, yet despite these efforts, most organizations report a shortage of leaders - a leadership gap - and estimates of leadership failures approach fifty per cent. Authored by some of the best names in the subject area, this book addresses this issue and provides readers with an innovative approach to learning leadership skills, merging theory with practice to enable a better understanding of this complex and significant subject. It emphasizes a balance of skills, the critical role of feedback in learning and development, and innovative thoughts on developing women leaders. Taking an international perspective, this outstanding text will be an invaluable resource for those studying leadership, organizational behaviour and human resource management as well as those on specialist masters and MBA courses, and will be especially useful for those undertaking the difficult task of leading within organizations.
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