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The Cost of the Savings and Loan Crisis: Truth and Consequences
URL: http://www.fdic.gov/bank/analytical/banking/2000dec/brv13n2_2.pdf

Description:
This 2000 report considers the cost of the savings and loan crisis of the 1980s. This crisis "produced the greatest collapse of the U.S. financial institutions since the Great Depression. ... As of December 31, 1999, the thrift crisis had cost taxpayers approximately $124 billion." Includes material about the creation and operation of the Resolution Trust Corporation (RTC). Opens directly into a PDF document. Form the Federal Deposit Insurance Corporation (FDIC).

Author:
Curry, Timohy; Shibut, Lynn

Publisher:
Federal Deposit Insurance Corporation (FDIC)

LII Database Information:
Record 26929 created by Maria Brandt on 09/18/2008
Last modification on 09/22/2008
Published: 09/24/2008  
Funding agency: California State Library
LII Item ID: http://lii.org/cs/lii/view/item/26929