
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 the closing of insolvent thrifts.
B) why thrift regulators were 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) all of the above.
Correct Answer:
Verified
Q19: "Zombie S&Ls"
A) paid above market interest rates
Q20: In the early stages of the banking
Q21: "Bureaucratic gambling" refers to
A) the belief of
Q22: That taxpayers were poorly served by thrift
Q23: The major provisions of the Competitive Equality
Q25: The political economy of the S&L crisis
Q26: The bailout of the savings and loan
Q27: An analysis of the political economy of
Q28: The major provisions of the Financial Institutions
Q29: The Competitive Equality in Banking Act of
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