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September 30, 2021
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1 janv. 1982 - 1982 Banking

Description:

In 1982, Congress, now, has allowed Savings and Loans Associations Banks to make high risk loans and investments. Many banks saw this as an advantage and increased their loans and investments because they had more of a reason to do. When the investments failed, then the bank failed. This, then, reflected badly on the Federal Governemnt for their decision and they had to pay the investors their lost money back. The Federal Government then ended up in 200 billion dollars of debt because of this.

Ajouté au bande de temps:

28 nov. 2017
0
0
198
Addison McKinney
Banking

Date:

1 janv. 1982
Maintenaint
~ Il y a 39 ans

Les images:

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