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Resource ID: #7294
Subject: Savings And Loans
Source: Morning Call (Allentown, Pa.)
Affiliation: 
Date: May 27-30, 1990

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Description

Morning Call (Allentown, Pa.) examines records from a small-town savings and loan and finds that reckless lending practices combined with lax oversight by regulators resulted in a bill of $700 million to taxpayers just to bail out one institution.

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