According to the Text,the Competitive Equality in Banking Act of 1987

Multiple Choice

According to the text,the Competitive Equality in Banking Act of 1987

A) turned the thrift industry around by providing the necessary funds to close the "zombie S&Ls."
B) lowered the cost of bailing out the S&Ls by quickly closing "zombie S&Ls" before they could cause other thrifts to fail.
C) failed to provide the funds necessary to close ailing S&Ls, and actually encouraged regulators to continue to pursue regulatory forbearance.
D) did both A and B of the above.