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The Savings and Loan (S&L) crisis of the 1980s and early 1990s was a significant financial disaster in the United States, resulting in the failure of over a thousand savings and loan institutions. Deriving at least some domaining wisdom from it is, in my view at least, a must! Understanding the Savings and Loan Crisis The S&L crisis was a result of a combination of regulatory changes, risky investment practices, and economic factors. Key factors…
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