An Analysis of the Political Economy of the Savings and Loan

question 8

Multiple Choice

An analysis of the political economy of the savings and loan crisis helps one to understand

• A) why politicians hampered the efforts of thrift regulators, cutting regulatory appropriations and encouraging regulatory forbearance.
• B) why thrift regulators were reluctant to admit that any problem even existed in the thrift industry.
• C) why thrift regulators willingly acceded to pressures placed upon them by members of Congress.
• D) all of the above.
• E) only A and B of the above.

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