Multiple Choice
"Bureaucratic gambling" refers to
A) the belief of thrift managers that they would not be audited by thrift regulators in the 1980s due to the relatively weak bureaucratic power of the regulators.
B) the risk that thrift regulators took in publicizing the plight of the S&L industry in the early 1980s.
C) the strategy adopted by thrift regulators of lowering capital requirements and pursuing regulatory forbearance in the 1980s in the hope that conditions in the S&L industry would improve.
D) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q75: Discuss the background of mutual savings banks
Q76: Which of the following statements concerning the
Q77: Mutual savings banks<br>A) are heavily concentrated in
Q78: FIRREA imposed new restrictions on thrift activities
Q79: The major provisions of the Financial Institutions
Q81: When nearly half of the S&Ls in
Q82: Savings and loans associations<br>A) initially were allowed
Q83: Explain why thrift regulators engaged in regulatory
Q84: The main source of funds at savings
Q85: Mutual savings banks are concentrated in the