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Uncle Sam's Garage Sale: The Allied Capital II Story

Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5

When a government has a garage sale, Peter Lynch tries to attend. He doesn’t care if it’s Uncle Sam or the Queen of England. History shows that whenever the government sells something to the public, the buyers usually do well.

It's a Wonderful Buy: Peter Lynch on Savings and Loans

Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5

Mention savings and loans in the early 1990s and people grabbed their wallets. The $500 billion bailout. 675 bankrupt institutions. 10,000 fraud cases pending with the FBI. The word “thrift” used to remind people of Jimmy Stewart in It’s a Wonderful Life. Now it reminded them of Charles Keating in handcuffs.

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