Which of the following was NOT a major reason for the savings institution crisis in the late 1980s?
A)large losses on real estate loans
B)large losses on loans to less-developed countries
C)fraud
D)illiquidity
E)increased interest expenses

Question

Quizplus · Accepted Answer

The major reasons for the savings institution crisis in the late 1980s included large losses on real estate loans, fraud, illiquidity, and increased interest expenses. Large losses on loans to less-developed countries were not a primary factor in this specific crisis; they were more relevant to the broader banking sector issues of the time.

Which of the Following Was NOT a Major Reason for the Savings