19-34 The policy of forbearance practiced by the FSLIC in the late 1980s allowed many commercial banks to remain open even in the face of continuing losses and insolvency.

Question

Quizplus · Accepted Answer

The FSLIC (Federal Savings and Loan Insurance Corporation) dealt with savings and loan associations, not commercial banks. The policy of forbearance was applied to these institutions, not commercial banks.

19-34 the Policy of Forbearance Practiced by the FSLIC in the Late