Reasons for S&L; Crisis

Your lucid documentary on the S&L; crisis should be read, not scanned, by every adult American. Santayana revisited. Excellent reporting and a credit to both writers and researchers.

Better yet, why not provide a grant to universities to provide it as a text for S&L; Mess 101 for future generations.

LOUIS R. BECHTEL

Rancho Palos Verdes

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