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jun 15, 1982 - Congress allowed S&L banks to make high risk loans and investments. This led banks to fail, the federal government had to reimburse investors, and the FDIC took over the S&L.
Added to timeline:
Bank Timeline Part 1
By
Noah Gross
30 Nov 2017
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0
445
Date:
jun 15, 1982
Now
~ 44 years ago
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