That Taxpayers Were Poorly Served by Thrift Regulators in the 1980s

question 51

Multiple Choice

That taxpayers were poorly served by thrift regulators in the 1980s is now quite clear.This poor performance cannot be explained by

• A) regulators' desire to escape blame for poor performance, leading to a perverse strategy of "regulatory gambling."
• B) regulators' incentives to accede to pressures imposed by politicians, who sought to keep regulators from imposing tough regulations on institutions that were major campaign contributors.
• C) Congress's dogged determination to protect taxpayers from the unsound banking practices of managers at many of the nation's savings and loans.
• D) any of the above.

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Definitions:

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Ego States

Refers to the different facets of our personality that manifest in our behaviors and interactions, such as the Parent, Adult, and Child in transactional analysis.

Transaction

An exchange or interaction between people, which can be financial, emotional, or social.

Safest Form

A term that could apply to various contexts, indicating the method or approach with the least risk or harm involved.