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jul 29, 1982 - 1982

Description:

Congress allowed savings and loans banks to make high risk investments and loans. Banks failed so federal government had to reimburse 200 billion dollars. The FDIC took over the savings and loans branch Picture- (1982 banking, motherearthnews.com

Added to timeline:

1 Dec 2017
0
0
661

Date:

jul 29, 1982
Now
~ 42 years ago

Images: