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Resource ID: #10023
Subject: Savings And Loans
Source: Atlanta Business Chronicle



Atlanta Business Chronicle tells the story of a Savings and Loan that the government not only allowed to fail but helped to create and illegally capitalize; the S&L was created with the capital of 43 acres of land that the government valued at 10 times its assessed value; the S&L took deposits from a poor rural community to finance risky projects in wealthy areas, Dec. 17, 1993.

141 Neff Annex   |   Missouri School of Journalism Columbia, MO 65211   |   573-882-2042   |   |   Privacy Policy
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