Essays Tagged: "Regulation Q"
The Savings and Loan Crisis of the 1980s
sion. S&Ls used short-term passbook savings to fund long-term, fixed-rate home mortgages. This "Regulation Q" did not allow the supply and demand of the market to work properly--it limited interes ... ket to work properly--it limited interest rates banks could pay on their deposits. The extension of Regulation Q to S&Ls allowed the mismatching of interest costs to earnings to continue, resultin ...
Subjects: History Term Papers > North American History