When nearly half of the S&Ls in the United States had a negative net worth and were thus insolvent by the end of 1982,regulators adopted a policy of ________,which amounted to ________ capital requirements.

Question

Quizplus · Accepted Answer

Regulators adopted a policy of regulatory forbearance, which effectively meant lowering capital requirements, allowing insolvent S&Ls to continue operating in hopes of recovery.

When Nearly Half of the S&Ls in the United States