This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Savings And Loans Under Fire Over Real Estate Bets
Financial analyst George Benston argues government limits on S&L investments harm the sector, saying high deposit rates caused 202 insured firms to fail. Regulators say bad loans and joint ventures blur lines with investments, while Bennston suggests lowering insurance to shift risk. Benston’s study backs diversified direct real estate bets, and a federal cap on insurer guarantees could be reduced to 60 thousand dollars per account.
MENTIONED IN THIS ARTICLE
George Benston
S&ls
Federal Home Loan Bank Board
Benston
The
Universi
Rochester
Bank Board
Federal Deposit Insurance Corp
House Banking Committee
Lincoln Savings & Loan Association
Irvine
Calif
National Council of Savings Institutions
California
Florida
Texas
John Rousselot
National Council
S&l — Eureka
San Carlos
Iit Iess
Nureka
S&l
Mesquite
Bank
S&L’s
FDIC