Multiple Choice
The Savings & Loan "debacle" of the last decade or so was precipitated by:
A) Bad loans and bad investments
B) Negative net interest margins caused by high(er) floating rate debt
C) Overvalued real estate markets
D) None of the above
E) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q35: Thrift institutions today are not making widespread
Q36: One important financial intermediary is classified as
Q37: Credit unions can make unsecured loans and
Q38: Credit unions:<br>A) Face growing demand for their
Q39: The development of Super NOWs and MMDAs
Q41: The principal asset held by savings banks
Q42: Savings and loan associations, especially stockholder S&Ls,
Q43: The federal law that set up the
Q44: Most credit union members work for the
Q45: Under SEC rules no more than 1