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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (417695)6/23/2003 11:53:00 AM
From: Neocon  Read Replies (1) | Respond to of 769670
 
I am confused. As far as I know, only investors in S&L deposits were made whole. The problem was that the S&Ls were allowed greater latitude in the handling of their institutional portfolios, and therefore took riskier positions leading to bankruptcy. Am I mistaken in this? As I said, by the time of the bailout, I was growing sick of the story, so maybe I missed something.......