S&L Bailout: Assessing the Impact


Most experts agree that rapid deregulation and lax supervision led to the S&L crisis—a financial disaster that could run well over $100 billion. But there is wide disagreement over how serious the future economic impact of the S&L bailout will be, and there is also disagreement over what should be done to prevent a similar crisis from happening again. Nevertheless, some effects are already being felt, and it is clear that Americans should prepare for major changes in the way they save and borrow money.

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