United States Vs. Winstar Corp.

Decided On : Jul-01-1996

Court : US Supreme Court

LAW: the National Housing Act, Institutions 12, Institutions 13, White 84, Section 563.13, SFAS 72, Delaney, the Assistance Agreement, the Insurance Regulations, the Insurance Regulations, Constitution, the National Constitution, the Federal Constitution's, the Contract Clause

GPE: United States, U.S., the United States, United States, IV, the United States, Pp, United States, Pp, United States, Pp, the United States, the United States, California, Florida, Texas, United States, Hearings, United States, Id., the United States, SF, the United States, United States, United States, United States, United States, Id., Id., Id., Los Angeles, Mississippi, United States, Broward County, Broward, Broward, Glendale, Broward, United States, Broward, Windom, Windom, Florida, Iowa, Id., Id., the United States, the United States, United States, United States, pp, United States, pp, England, America, the State of, Georgia, Georgia, Id., Mississippi, the United States, New Orleans City &, New Orleans, the United States, United States, United States, New Jersey, Id., the State of California, United States, Okla., United States, United States, United States, United States, United States

ORG: Winstar Corp. - 518, Syllabus, WINSTAR CORP, THE UNITED STATES COURT OF APPEALS, the Federal Savings and Loan Insurance Corporation, FSLIC, the Federal Home Loan Bank Board, Bank Board, the Bank Board, Congress, the Financial Institutions Reform, Recovery, REA, the Bank Board, FSLIC, the Court of Federal Claims, Government, Social Security Entrapment, FIRREA, capital reserve, Federal Circuit, Syllabus, the Federal Circuit's, Government, Government, Government, Government, Government, Government, Congress, the Bank Board, FSLIC, Government, FSLIC, the Bank Board, Government, Government, Government, Government, the Bank Board, FSLIC, Congress, Parts IV-A, Government, Congress, Government, Congress, FIRREA, FIRREA, Government, Government, Syllabus, Government, Government, Government, pp, J., Court, STEVENS, BREYER, Parts IV-A, J., KENNEDY, THOMAS, REHNQUIST, GINSBURG, Solicitor General Days, Glendale Federal Bank, Winstar Corp., Court, JUSTICE, JUSTICE, Parts IV-A, Government, Government, Congress, the Chamber of Commerce of, the Aerospace Industries Association of America, Inc., AmBase Corp., al, the American Association of State Colleges, Coast Federal Bank, FSB, Dollar Bank, FSB, the Franklin Financial Group, Inc., Keystone Holdings, Inc., Long Island Savings Bank, FSB, Trinity Ventures, Ltd., the Watts Health Foundation, Inc., the Western Federal Savings and Loan Association, House, the National Government's, Nation, Nation, Congress, The Federal Home Loan Bank Act, the Federal Home Loan Bank Board, Bank Board, House, the Home Owners' Loan Act, the Bank Board, the Federal Savings and Loan Insurance Corporation, FSLIC, the Bank Board's, General Accounting Office, GAO, Ford, S72-S74, depositors).l Along, CFR §, the Bank Board, J. , Fed, Board, RAP, the House Banking Committee, FSLIC, House, Ford, S74-S75, FSLIC, Olympic Federal Savings, Office of Thrift Supervision, Congress, RAP, FSLIC, RAP, RAP, the General Accounting Office, FSLIC, GAO, the Bank Board, General Accounting Office, the Thrift Industry Problem, GAO, the Thrift Industry Problem, FSLIC, House, GAO, FSLIC, GAO, the Thrift Industry Problem, The Continuing Thrift Bailout, Investor's Business Daily, FSLIC, the Bank Board, GAO, the Thrift Industry Problem, FSLIC, FSLIC, Federal Home Loan Bank Board, FSLIC, GAO, Government, Franklin Financial Group, Inc., FSLIC, FSLIC, Lincoln Savings & Loan Assn, the House Committee on Banking, Finance, Urban Affairs, Office of Thrift Supervision, R. Kay & D. Searfoss, Accounting Principles Board Opinion No, H. Brent Beasley, FSLIC, the California Savings and, Loan League Management Conference, FSLIC, GAO, the Thrift Industry Problem, FSLIC, Kay & Searfoss, See Financial Accounting Standards Board Interpretation, FSLIC, FSLIC, Accounting Principles Board Opinion No, Newark Morning Ledger Co., J. , the Bank Board, Bank Board, Congress, The Bank Board, the House Committee on Banking, Finance, Urban Affairs, CFR §, FSLIC, Franklin Financial Group, Inc., Deposition of Thurman Connell, the Atlanta Federal Home Loan Bank, Charter Federal Savings Bank, V. Office of Thrift Supervision, Ford, Accounting Principles Board Opinion No, Kay & Searfoss, Accounting Principles Board Opinion No, Nutshell, Newark Morning Ledger Co., the Tax Treatment of Purchased Goodwill, Internal Revenue Service, the Bank Board, FSLIC, J. , L. & Policy, Financial Services, L. & Policy Rev., FSLIC, FSLIC, FSLIC, Transohio Savings Bank, Office of Thrift Supervision, National Commission on Financial Institution Reform, Recovery and Enforcement, Congress, Black, Ending Our Forebearers' Forbearances: , L. & Policy, J. , CFR §, institution").9 Indeed, 104, Congress, the Federal Government, Glendale, CFR §, the Financial Institutions Reform, Recovery, FSLIC, the Financial Accounting Standards Board, Statement of Financial Accounting Standards, SF AS, Glendale, J. , RAP, GAO, Transohio Savings Bank, Congress, the Financial Institutions Reform, Recovery, FSLIC, the Federal Deposit Insurance Corporation, the Bank Board, the Office of Thrift Supervision, OTS, Treasury Department, the Resolution Trust Corporation, FIRREA, OTS, the House Report, House, REA, OTS, Office of Thrift Supervision, the Status of Capital and Accounting Forbearances and Capital Instruments, a Deposit Insurance Fund, OTS, FIRREA, J. , L. & Policy Rev., FIRREA, FIRREA, Respondents Glendale Federal Bank, FSB, Winstar Corporation, The Statesman Group, Inc., FIRREA, Glendale, the Bank Board, FSLIC, the Court of Federal Claims, Government, Winstar Corp., Statesman Savings Holding Corp., the Court of Federal Claims, Government, Government, FIRREA, The Court of Federal Claims, the Federal Circuit, Winstar Corp., the Court of Federal Claims', Winstar Corp., The Federal Circuit, FSLIC, Government, the Court of Federal Claims, FIRREA, J. , FIRREA, Government, Social Security Entrapment, Home Telephone &, Telegraph Co., Government, Government, Court, Escondido, Court, the Court of Federal Claims', Eastman Kodak Co., Image Technical Services, Inc., the Federal Circuit, the Court of Federal Claims, Federal Circuit, the First Federal Savings and Loan Association of, Glendale, FSLIC, Glendale, the Bank Board, The Bank Board, SAA, Glendale, CFR § 563.13(a)(2, SAA, the Agreement of Merger, SAA, Bank Board Resolution No, Board, SAA, Glendale, Glendale, Bank Board] Memorandum R-31b, Glendale, Government, the Court of Federal Claims nor the Federal Circuit, Government, SAA, FSLIC, SAA, SAA, Board, Contracts §, the Federal Circuit, Glendale, Glendale, FSLIC, the Bank Board, J. , the Court of Appeals's, FSLIC, Windom Federal Savings and Loan Association, Winstar Corporation, FSLIC, FSLIC, The Bank Board, Glendale's, Board, Board, the Bank Board, Bank Board, the Bank Board's, the Bank Board's, the Effective Date, the Bank Board, the Financial Accounting Standards Board, FASB, the Bank Board's, the Federal Circuit's, J. , Winstar, the Bank Board, Glendale, the Court of Appeals's, FSLIC, First Federated Savings Bank, FSLIC, First Federated, FSLIC, FSLIC, Glendale, Winstar, FSLIC, FSLIC, Winstar, the Bank Board, FSLIC, 362a, Winstar, Board, Board, Forbearance Letter, Regulatory Capital Maintenance Agreement, FSLIC, Glendale, the Federal Circuit's, Government, J. The Government, FSLIC, Government, Winstar, Government, FIRREA, the Federal Circuit, Glendale, the Bank Board, FSLIC, Government, Glendale, The Collected Works, Contracts § 264, The Court of Claims and Federal Circuit, J. , the Federal Circuit's, Government, FIRREA, Government, the Federal Circuit, Hughes Communications Galaxy, Inc., Fed, Government, Hills Materials Co., Fed, the Federal Circuit's, Government, the Bank Board, FSLIC, Congress, the Bank Board, FSLIC, Congress, FIRREA, FIRREA, Congress, Congress, Government, Social , J. Security, Blackstone, Commentaries, Blackstone, Parliament, Temporal Limits, the Legislative Mandate: Entrenchment and Retroactivity, Parliament, Court, the Contract Clause, the Georgia Legislature's Act, Congress, J. , the Contract Clause, West River Bridge Co., State, Charles River Bridge, The Delaware Railroad Tax, State, State, Butchers' Union Slaughter-House, LiveStock Landing Co., SlaughterHouse Co., Local Government Contracts, the Governmental/Proprietary Maze, Jefferson Branch Bank, State, Florida Gulf Coast Building &, Trades Council, Court, Congress, Contract Clause, United Railways Co., Contract Clause, United Railways, Providence Bank, Charles River Bridge, United Railways, Lake R. Co., J. , Pension Benefit Guaranty Corporation, the National Government, United States Trust Co., Contract Clause, Pension Benefit Guaranty Corporation, the Contract Clause, the National Government, Tribe, Tribe, Contract Clause, P. R. Co., Memphis Gas Light Co., Piqua Branch, State Bank of Ohio, Blaisdell, Charles River Bridge, Colum, Social Security Entrapment, the Charles River Bridge/Providence Bank, Tribe, Social Security Entrapment, Court, the Social Security Amendments Act, the National Government, State, Health and Human Services, State, Social Security, the District Court, Government, J. , Cherokee Nation, Government, Government, Tribe, Tribe, Government, Government, Charles River Bridge, Congress, Government, Government, Social Security, Tribe, Kansas City Life Ins. Co., J. , Government, Government, Government, Government, Congress, Government, the Bank Board, FSLIC, Congress, Government, Amino Bros. Co., J. , Government, FIRREA, FIRREA, Hughes Communications Galaxy, Inc., Sunswick Corp., Government, Temporal Limits, the Legislative Mandate: Entrenchment and Retroactivity, Bar Found, Government, the Contract Clause, Congress, FSLIC

DATE: 1996, 1995, April 24, 1996-, July 1, 1996, 1980, 1989, 64 F.3d 1531, JJ, JJ, 1947, 1989, today, the last decade and a half, 1932, 1933, 64, 1933, 48, 1246, 1934, the late 1970's, 1980, between 1981 and 1983, 19821986, May 1987, 1991, 1981, 1980, November 1980, 76111, January 1982, 3543, S311, 1991, 1984, 1183, 1185, 1990, 1980, 1985, Feb. 1989, 1988, the year of the, early 1989, 43, Feb. 1, 1996, 1995, 1991, Feb. 1981, between 1980 and 1986, 1991, 1989, 23-21, 2d ed. 1989, 1970, Sept. 9, 1982, 52, 1988, Feb. 1976, 1970, 1993, 1841, the Late 1970's, 1980, under 12, 1981, 12061, 1989, 40-year, 1970, each year, 27, each year, 1984, 1975, 1990, 2d ed. 1985, 1981, approximately seven years, the initial years, CADC 1992, 38-39, July 1993, 1990, 1981, 11795, 1989, 1981, 1984, 1988, 1988, 1983, 72, July 1973-June 1, 1989, 72, 72, 1983, mid-1980, 1989, 1821, the early 1970s, September 1982, 1464(t)(1)(A)Y, 1995, Jan. 9, 1990, 18863, 1989, 18860, 18853, 1981, 1984, 1988, 1990, 1992, 1992, 1993, 64 F.3d 1531, 1995, 1540, 1542-1543, 1545-1548, 1548-1551, 1551-1552, 1552-1553, 1996, 52, 1986, 1908, 1880, 1925, 1992, 10 (1992, 1545, September 1981, 40 years, November 19, 1981, 1981, 1981, 1542, 51, 78, 1866, 1540, 1983, 35 years, 1926, 865 years, 35 years, 1544, 1987, 25 years, 25 years, 1543, 1541-1542, 1881, 9991000, 1917, 1545, 1993, 1992, 1934, 1978, 1170, 1964, 16, 52, 1982, 1969, centuries, 1987, 1961, 1810, 1932, years, 1972, 1848, 1830, 1837, 1874, 1880, 1884, 1990, 1862, 1988, 1936, 1908, 1830, 1837, Justice Day's, 1892, 1984, 1935, 1934, 1977, 1886, 1883, 1854, 1934, 1992, 1986, 1986, 1983, 71, 1983, 1983, 52, 52, 1987, the 19th century, 1950, today, 477 U. S., 51, 1932, 1877, 1948, 1987, 1984

CARDINAL: 95, three, Two, 52, 461, 840, 860-896, 904, 51-52, 871-887, two, 888, Pp.891-896, 461, 904, 896, 842, 919-924, 910, 919, 924, 843 , 245, 250, 101-54, 1, 292, some 1,700, approximately 12,000, 292, three, 522, 47, 725, 292, 48, 128, 847, 845, 294, some 435, 296, 9, 291, 295, 59, 12, 563.13, one, S75, five, 297, 45, 47, 298, 59, 732, 2, 298, 108, 304, 52, 157, 14, 9, Over 300, only 48, 5, 447, 16, 849, 11, 284, 23, 17, 26, 339, 546, 556, 139, 2d, 101-176, 227, at least two, 563.13, 135, 9, 91-2647, 91-2708, 224, 851, 84, 59, 17, 29, 340, 15-36, 17, 339, 571, 28, 251, 253, 565, 13, 573, 566, 576, 102, 104, 233, 9, 39-40, 104, 105, 105, 39, 967, 598, 604, 8See, 40-41, 102, 104, 105, 12, 563.13, 135, 9The, 563.13, 12, 563.13, 855, 725, 9.10, one, 967, 602, 103, 183, 1, 2, 3, 4, 39-40, 1464(t)(9)(A, half, 310, 38, 135, 107, 500, one, three, three, 21, 112, 25, 541, 26, 904, two, 116, 544, 919, 550, 915, three, 994, 797, 811, four, 265, 814, 460, 535, 451, 465, 861 , three, 64, 1, 1817(j)(1, 12, 12, 598-599, 81, two, 607, 571, 598-599, 64, 26, 909, 3, 64, 2, 112, 35, 403, 413, 123, 108, 64, 3, three, four, 402, 561.13, 407, 458, 476, 418, 418, 64, 563.13, 407, 14, 408, 112, 600, 3, 928, 994, 16, 159, 161, 17, 998, 953, 957, 982, 514, 516, 18, 19-21, 254, 871, 130, 148, two, 268, one, 18, 379, 392, 199, 473, 487, 1905),19, 6, 10, 1, one, 135, two, 315, 318, 82, 191, 135, two, One, 6, 507, 4, 514, 11, 420, 18, 206, 225, 20, 814, 75, 277, 290, 888, 875, 1, 446, 575, 348, 148, 266, 21, 4, 514, 11, 420, 732, 9, 330, 26, 148, 398, 16, 369, 435, 92, 426, 453, 103, 97, 51, 147, 148, 704, 706, 707, 52, one, 879, 891, 23, 808, 141, 163, 24, 929, 315, 51, 178, 515, 525, 372, 485, 491, 998, 958, 109, 772, 798, 75, 221, 228, 69, 379, 424, 93, 928

ORDINAL: third, second, first, 4th, First, first, second, first, Second, Second, first, First, first

PERSON: Bowen , Horowitz, STEVENS, pp, Horowitz, STEVENS, JUSTICE KENNEDY, J., J., C. J., J., Bender, James A. Feldman, Douglas Letter, Jacob M. Lewis, Joe G. Hollingsworth, Jerry Stouck, Donald W Fowler, Catherine R. Baumer, Carter G. Phillips, Richard D. Bernstein, Theodore R. Posner, Jesse H. Choper, Charles J. Cooper, Michael A. Carvin, Robert J. Cynkar, Vincent J. Colatriano, STEVENS, Herbert L. Fenster, Tami Lyn Azorsky, Robin, S. Conrad, al, Clarence T. Kipps, Alan I. Horowitz, S. Dunaway, Laurence H. Tribe, Brian Stuart Koukoutchos, Harvey Silverglate, John C. Millian, Joseph N. Onek, Kent R. Morrison, Robert P. Charrow, Sheldon Elliot Steinbach, Mark Waxman, Daniel J. Goldberg, Matthew, G. Ash, Paul Blankenstein, John K. Bush, Robert T. Messner, al, Thomas M. Buchanan, Paul M. Fish, Ronald R. Glancz, John F. Cooney, Don, S. Willner, al, Melvin C. Garbow, Edward H. Sisson, Russell E. Brooks, Fred W Reinke, al, John C. Millian, John K. Bush, Wesley, G., Howell, al, Peter J. Gregora, Kenneth R. Heitz, Dennis A. Winston, Fahey , Mallonee, House Report, Breeden, L. Rev., S71, Breeden, House Report, Reg, Reg, Loan Debacle, Breeden, Loan Assn, Horowitz, L. White, al, Amici Curiae, M. Lowy, Lowy, M. Danny Wall, Lowy 39.5, A. Phillips, J. Butler, G. Thompson, R. Whitman, Goodwill, Story, J. Story, Richard Pratt, Goodwill, Congo Rec, Hyde, al, Joint App, Breeden, E. Faris, Law, J., J., J., Supervisory Goodwill, 2 Stan, J. Rosenberg, R. Estes, Rosenberg, Lowy, e. g., Lowy, Supervisory Goodwill, 2 Stan, Lowy 40-41, g]oodwill, Congo Rec, Barnard, e. g., Pub, L. 101-73, Lowy, Congo Rec, Riegle, Chafee, Dole, Glendale, Statesman, Statesman, Nies, Lourie, Bowen , Horowitz, Yee, Glendale, Memorandum R-31b, Glendale, Glendale, Glendale, Statesman, Statesman, Statesman, App, Statesman, Glendale, Statesman, Statesman, Statesman, Statesman, Statesman, Statesman, Statesman, Statesman, Statesman, Holmes, Holmes, Holmes 268, S. Novick ed. 1995).16 Contracts, Ryan, Holmes, e. g., Rice, Williston, 5A A. Corbin, Corbin, Bowen , G. Wood, W. Blackstone, H. Hart, Manigault, Marshall, Fletcher, Art, Marshall, Marshall, Marshall, Reichelderfer, Yale L. J. 189, Marshall, Warren Bridge, Edward J. DeBartolo Corp., J., Louis v. , Warren Bridge, R. A. Gray & Co., e. g., Perry , Lynch, e. g., N. Y. v., Shelby Cty, Loan Assn, Invalid Contracts, Bowen , Bowen , Supp, Bowen, Bowen, Bowen, Bowen, Scranton , Wheeler, Bowen, Bowen, Bowen, Reichelderfer, Bowen, Glendale, Bostwick, Yale L. J. 918

EVENT: Parts II, the Great Depression, the Assistance Agreement, Black 436

QUANTITY: 860-871, 64 F. 3d, 64 F. 3d

MONEY: 841 , 844 Opinion of SOUTER, $20 billion, 846 Opinion of SOUTER, $9 billion, $9 billion, $6.46 billion, $4.55 billion, $15.8 billion, over $50 billion, $85 billion, an estimated $140 billion, 848 Opinion of SOUTER, 850 Opinion of SOUTER, 852 Opinion of SOUTER, 853 , 854 Opinion of SOUTER, 856 Opinion of SOUTER, 857 , 858 Opinion of SOUTER, 859 , 860 Opinion of SOUTER, over $734 million, approximately $1.8 billion, only about $1 billion, 277, 862 Opinion of SOUTER, 863 , approximately $460 million, 864 Opinion of SOUTER, approximately $12 million, $2.8 million, $5.6 million, 12,000, 866 Opinion of SOUTER, $6.7 million, $21 million, $60 million, $26 million, $26 million, almost $9 million, 868 Opinion of SOUTER, 869 , 870 Opinion of SOUTER, 872 Opinion of SOUTER, 873 Bar Found, 874 Opinion of SOUTER, 876 Opinion of SOUTER, 877 , 878 Opinion of SOUTER, 880 Opinion of SOUTER, 881 , 882 Opinion of SOUTER, 883

NORP: amici, d., L., contra, Amici, d., d., contra, d., §, d., d., d., d., d., d., Minnesotabased, d., d., d., Jicarilla, Americans, American, English, American, Jicarilla, Indian, Jicarilla, Indian, Indian, d., d.

PERCENT: 40 percent, 12 U. S. C. §§ 1421-1449, 12 U. S. C. §§ 1461-1468, 12 U. S. C. §§ 1701-1750, over 50 percent, four percent, three percent, about 70%, 507 U. S., 12 U. S. C. § 1437, less than 3 percent, 516 U. S., 12 U. S. C. §§ 1467a(e)(1)(A, 5.45 percent, 4 percent, 12 U. S. C. § 1464(t, 42 U. S. C. § 418(g, 477 U. S., 477 U. S., 389 U. S. 846, 334 U. S.

WORK_OF_ART: House Report, House Report, Savings and Loan Policies, Newark Morning Ledger, Accounting Standards, Original Pronouncements, Supervisory Action Agreement, This Agreement, Assistance Agreement, The Assistance Agreement between Statesman, The Common Law, the Laws of England 90, the 19 See, Cherokee Nation, The Government

FAC: White 157, Winstar, the Surrender of Sovereignty

PRODUCT: S75-S76, Tax Lawyer, Winstar, Winstar, Winstar, Winstar II, Winstar, Winstar, Winstar, Winstar, Winstar, Winstar, Winstar, Cherokee Nation, Cherokee Nation, Cherokee Nation, Cherokee Nation

LOC: Statesman, Atlantic, the Arkansas River