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The Competitive Equality in Banking Act of 1987

Question 50

Multiple Choice

The Competitive Equality in Banking Act of 1987


A) discouraged regulators from pursuing regulatory forbearance.
B) directed regulators to close "zombie S&Ls" as quickly as administratively possible.
C) encouraged regulators to continue their policy of regulatory forbearance.
D) did both A and B of the above.

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