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    Financial Markets and Institutions Study Set 1
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    Exam 26: Savings Associations and Credit Unions
  5. Question
    The Competitive Equality in Banking Act of 1987 Allowed the FSLIC
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The Competitive Equality in Banking Act of 1987 Allowed the FSLIC

Question 22

Question 22

True/False

The Competitive Equality in Banking Act of 1987 allowed the FSLIC to borrow all the funds it needed to close insolvent S&Ls and pay off depositors.

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