Savings & Loans Crisis
Testimony was given by the secretary concerning the Financial Institutions Recovery and Enforcement Act as proposed by the administration. T… read more
Testimony was given by the secretary concerning the Financial Institutions Recovery and Enforcement Act as proposed by the administration. The Committee’s questions focused on whether the bill would force existing thrifts out of business, if the costs for closing present insolvent thrifts are sufficient, and whether the costs ultimately transferred to taxpayers could be reduced. close
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