1982 (Regarding Banking) (jan 5, 1982 – may 30, 1984)
Description:
Congress allows Savings and Loan banks to make high risk loans and investments. Investments went badly. Banks failed. The Federal Government had to give Investors their money back. They went in debt of 200 Billion dollars because of that. The FDIC took over the Savings and Loan.
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Module 13 Lesson 2 Mastery Assignment TimeLine
Mike Vargas
Date:
