January 26, 1989

Savings & Loan Crisis

The committee heard testimony on the impact on the budget deficit of refinancing the FSLIC through the federal budget. Mr. Wall reported that without additional funds, the FSLIC could no longer prevent growing losses by selling out to new investors.

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M. Danny Wall Chairman Federal Home Loan Bank Board

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House Budget CommitteeHouse Budget Committee

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Program ID:: 5968-1
Category:: House Committee
Format:: House Committee
Location:: Washington, District of Columbia, United States
First Aired:: Jan 26, 1989 | 8:20pm EST | C-SPAN 1
Last Aired:: Jan 29, 1989 | 12:44am EST | C-SPAN 2

Airing Details

Jan 26, 1989 | 8:20pm EST | C-SPAN 1
Jan 27, 1989 | 2:11pm EST | C-SPAN 2
Jan 28, 1989 | 2:04pm EST | C-SPAN 1
Jan 29, 1989 | 12:44am EST | C-SPAN 2

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