The general perception in the early 1980s was the S&Ls were not in serious trouble, partly because S&Ls were insured by the

Question

Quizplus · Accepted Answer

The Federal Savings and Loan Insurance Corporation (FSLIC) insured S&Ls during the 1980s, not the Securities and Exchange Commission (SEC), U.S. Treasury, or Federal Deposit Insurance Corporation (FDIC). It is important to note that the FSLIC became insolvent during the crisis and was eventually dissolved, leading to the government takeover and restructuring of many troubled S&Ls.

The General Perception in the Early 1980s Was the S&Ls