LUST, THIEVERY, INTRIQUE; plots that you might enjoy. My novel, Most Delicious of Privileges, is the inside tale of a failing S&L in Texas in the late 1980’s.
In 1982 Congress abolishes financial restrictions for Savings and Loan banks. Financial desperadoes gallop into Texas, intent on stealing other people’s money; and these highwaymen own the sheriff. Five congressmen, colluding in the Senate Office Building, bear down on one Texas regulator. The head of the Federal Deposit Insurance Corporation sounds a warning – and is found dead in rural Virginia. President Ronald Reagan anoints an unknown pawn to oversee the S&L bandits. Power is traded for money at the July 4th shindig in Nassau hosted by the most visible S&L bandit; hookers entertain, booze flows, campaigns chests are filled. Termination is arranged for meddlers.The Department of Treasury launches a three prong attack . . . with outside help. As Treasury closes in, staffers at the S&L have become accessories, grasping the Most Delicious of Privileges; spending other people’s money.Grand Rapids Press review
By Jim Harger | jharger@mlive.com
GRAND RAPIDS, MI – After a career in banking that took him around the world, Thomas E. Lane wrote “Most Delicious of Privileges,” a novel based on the savings and loans crisis of the 1980s.
Lane borrowed heavily from his banking career and his international travels as he wrote his rollicking and bawdy novel about corrupt Texas bankers who threatened to bring down the savings and loan industry in the 1980s.
After graduating from Western Michigan University in 1971, Lane joined Chase Manhattan Bank in the Virgin Islands. After stints in New York, London and Italy, the Traverse City native came back to the Midwest and joined Old Kent Bank and Trust Co. in 1977