The looting of the S & Ls was carried out by a new breed of promoter and
swindler who took over deregulated thrifts, while traditional thrift executives were not
implicated.

Question

Quizplus · Accepted Answer

The looting of the Savings and Loans (S&Ls) involved a range of actors, including traditional thrift executives, who were implicated alongside new promoters and swindlers in exploiting the deregulated environment for personal gain.

The Looting of the S & Ls Was Carried Out