Kathleen Day was on the start-up staff of USA Today, where she covered the break up of AT&T in two paragraphs for the Money section. After eight months there, she joined the Los Angeles Times, covering defense electronics and biotechnology from 1983 to 1986. Day joined The Washington Post in 1986 covering banking and S&Ls for several years, then the SEC and the Salomon securities trading scandal, health care, biotechnology, prescription drugs, electronic technology and now banking and the financial services industry. She is the author of S&L Hell, published in 1993 by W.W. Norton and a graduate of Bryn Mawr College, with an MBA in finance from New York University and an MS from the Columbia University Graduate School of Journalism. She lives in Washington.