The cost to the public to clean up 1,043 failed savings and loan institutions during the period of 1986-1995 was:
A) $152.9 billion including $123.8 billion of U.S. taxpayer losses
B) $300 million including $123.8 million of U.S. taxpayer losses
C) $400 billion including $152.9 billion of U.S. taxpayer losses
D) $400 million including $152.9 billion of U.S. taxpayer losses

Question

Quizplus · Accepted Answer

The cost to clean up the failed savings and loan institutions was $152.9 billion, which included $123.8 billion of U.S. taxpayer losses.

The Cost to the Public to Clean Up 1,043 Failed