Savings and loan crisis. Financial crisis occurring in the late 1980s to early 1990s where there was a wide-spread failure of over 700 savings and loans institutions across the US. This crisis cost US taxpayers over $100 billion dollars and created a recession and a large budget deficit in the early 1990s.
Related information about S&L Crisis:
- Savings and loan crisis - Wikipedia, the free encyclopedia
The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of about 747 out of the 3,234 savings and loan ...
- Savings and Loan Crisis: The Concise Encyclopedia of Economics ...
Years later, the extraordinary cost of the 1980s S&L crisis still astounds many ... At the end of 2004, the direct cost of the S&L crisis to taxpayers was $124 billion, ...
- Savings and Loans Crisis - US Economy - About.com
Savings and Loans Crisis Related Articles. FDIC Review: The Cost of the S&L Crisis · How Does Real Estate Affect the U.S. Economy? FDIC: The Banking ...
- Today's Financial Meltdown Vs. the 1990s S&L Crisis - DailyFinance
Jul 3, 2010 ... In the late '80s and early '90, more than 1000 savings & loans failed in a financial crisis that cost the government $220 billion to resolve.
- Savings And Loan Crisis (S&L) Definition | Investopedia
... largest S&L failures was that of Lincoln Savings & Loan, part of the Keating Five scandal which exposed the political corruption that was part of the S&L Crisis.
- A Quick Summary of the S & L Crisis
Jun 4, 2008 ... The initial trigger of the S&L crisis was the inflation of the late '70's. During this time, inflation reached such high levels that many Savings and ...
- FDIC: The S&L Crisis: A Chrono-Bibliography
Dec 20, 2002 ... [NOTE: This chronology and bibliography is provided solely for informational purposes. The inclusion or exclusion of a source constitutes ...
- CHRONOLOGY-S&L crisis of the 1980s | Reuters
Mar 15, 2007 ... (Reuters) - The Savings and Loan crisis of the 1980s saw more than 1000 S&Ls collapse, costing the U.S. government more than $100 billion.