Savings and Loan Institutions

S&L Industry Collapse: Over 1,000 Institutions Failed by 1989

| Importance: 9/10

By 1989, over 1,000 savings and loan institutions have failed, representing approximately one-third of the entire S&L industry and marking one of the worst financial industry collapses in American history. The systemic failure stems directly from 1980s deregulation that eliminated prudential …

Savings and Loan institutions Federal Home Loan Bank Board Federal Savings and Loan Insurance Corporation Resolution Trust Corporation s&l-crisis financial-crisis deregulation-failure systemic-collapse regulatory-failure
Read more →