The Competitive Equality in Banking Act of 1987

Multiple Choice

The Competitive Equality in Banking Act of 1987

A) provided insufficient funds to the FSLIC to close down insolvent S&Ls.
B) actually directed S&L regulators to continue to pursue regulatory forbearance, further delaying the closing of insolvent S&Ls.
C) created a new agency, the Resolution Trust Corporation, to manage insolvent thrifts.
D) did all of the above.
E) did only A and B of the above.