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Resource ID: #7023
Subject: Savings And Loans
Source: New Republic
Date: 1989-03-20


New Republic declares it judgment day for the savings and loan industry, calling for more effective regulation; retells the history of the debacle, pointing the finger at everyone from Frank Capra--for drawing such a wholesome portrait of S&Ls in "It's a Wonderful Life"--to the legislators who persuaded regulators to ease off.

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