An analysis of the political economy of the savings and loan crisis helps one to understand
A) why politicians aided the efforts of thrift regulators,raising regulatory appropriations and encouraging closing of insolvent thrifts.
B) why thrift regulators were so quick to inform Congress of the problems that existed in the thrift industry.
C) why thrift regulators willingly acceded to pressures placed upon them by members of Congress.
D) why politicians listened so closely to the taxpayers they represented.
Correct Answer:
Verified
Q88: All of the following are common to
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Q91: How did the increase in the interest
Q92: Taxpayers were served poorly by thrift regulators
Q94: Banking crises have occurred throughout the world.
Q95: A common element in all of the
Q96: As in the United States,an important factor
Q97: The Resolution Trust Corporation was created by
Q98: The evidence from banking crises in other
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