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At the time they occurred, the savings and loan insolvencies were considered the worst financial crisis since the Great …
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At the time they occurred, the savings and loan insolvencies were considered the worst financial crisis since the Great …
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"The Savings and Loan Crisis: Lessons from a Regulatory Failure" sets the record straight about what actually happened … on investments prevented savings and loans from adapting to a changing financial marketplace. Unable to use financial … innovations, savings and loans could not hedge interest rate and credit risks. These factors blocked portfolio diversification and …
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