"Ten Years Too Late"
Next Previous Up Top
The S&L Crises in the U.S. and Japan
- In about 1980, the U.S. had a savings and loan crisis; many S&Ls
were in financial trouble.
- The U.S. Congress gave them lots of money, but did not reform the
system.
- In 1985, they had to do it again.
- Sound familiar?
Next Previous Up Top