Ask Question
23 March, 12:42

The savings and Loan Crisis in the 1980's was a result of

+1
Answers (1)
  1. 23 March, 16:20
    0
    Federal deposit insurance, which was extended to S&Ls in 1934, was the root cause of the S&L crisis. Deposit insurance was actuarially unsound from its inception, primarily because all S&Ls were charged the same Insurance premium rate regardless of how safe or risky they were.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The savings and Loan Crisis in the 1980's was a result of ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers