Savings and Loan Crisis (1980s) (jan 1, 1986 – dec 1, 1995)
Description:
This crisis describes the failure of about a third of the nation's savings and loans companies. It was caused by inflation, recession, fraud, rising interest rates, and the lack of regulation of savings companies.Added to timeline:
Date:
jan 1, 1986
dec 1, 1995
~ 9 years and 11 months