Top No1 Most importent Savings and debt crisis ideas in business for beginners

In fact, after the US government relaxed the investment standards, these institutions are indiscriminately investing in highly risky commercial real estate and non-investment category high-yield bonds or junk bonds to meet their losses. Started doing it. Since the savings accounts of these institutions were federal, the individual investors started taking out money from their accounts and buying junk bonds. The competition was so fast that FSLIC due to the payment crisis. Between 1979, 299 institutions had to be shut out of the Cool 3237 Savings and Loan Association operating all over the US. Along with this, FSLIC due to rampant corruption and other reasons. She was on the verge of bankruptcy

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