The Savings and Loan Banking Crisis: George Bush, the CIA, and Organized Crime
thefilmarchive.org 1992 The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of about 747 out of the 3234 savings and loan associations in the United States. A savings and loan or "thrift" is a financial institution that accepts savings deposits and makes mortgage, car and other personal loans to individual members—a cooperative venture known in the United Kingdom as a Building Society. "As of December 31, 1995, RTC estimated that the total cost for resolving the 747 failed institutions was $87.9 billion." The remainder of the bailout was paid for by charges on savings and loan accounts — which contributed to the large budget deficits of the early 1990s. The concomitant slowdown in the finance industry and the real estate market may have been a contributing cause of the 1990--91 economic recession. Between 1986 and 1991, the number of new homes constructed per year dropped from 1.8 million to 1 million, which was at the time the lowest rate since World War II. The United States Congress granted all thrifts in 1980, including savings and loan associations, the power to make consumer and commercial loans and to issue transaction accounts. Designed to help the thrift industry retain its deposit base and to improve its profitability, the Depository Institutions Deregulation and Monetary Control Act (DIDMCA) of 1980 allowed thrifts to make consumer loans up to 20 percent of their assets, issue credit cards, accept negotiable order ...
間違いなく落ちた花畑牧場の生キャラメル人気
09.09.29 本日も、町田駅の小田急デパートでは、花畑牧場の生キャラメルを販売していました。今までは町田駅通路の端に長い行列ができていましたが、しかし、今朝はわずかに10人程。先日の販売時も列が短くなったと思っていましたが、この光景は間違いなく落ちた花畑牧場の生キャラメル人気が落ちた証拠でしょう。札幌工場の操業が止まり、田中義剛さんの神通力も影が薄くなりました。記：吉田つとむ
Burmese TV Update 09-19-12
Daily TV Magazine Program delivers the latest news from around the world and Burma with detailed coverage on international news, current world news, and Burma headlines such as politics, business, health, culture and society, education, entertainment, sports and general reports.
