That Taxpayers Were Poorly Served by Thrift Regulators in the 1980s

That taxpayers were poorly served by thrift regulators in the 1980s is now quite clear.This poor performance is explained by

A) regulators' desire to escape blame for poor performance, leading to a perverse strategy of "regulatory gambling."
B) regulators' incentives to accede to pressures imposed by politicians, who sought to keep regulators from imposing tough regulations on institutions that were major campaign contributors.
C) Congress's unwillingness to appropriate sufficient funds to permit regulators to examine the many thrift institutions that needed monitoring.
D) all of the above.
E) only A and B of the above.