1. What is moral hazard? How did the fixed-rate deposit insurance program of the FDIC contribute to...
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1. What is moral hazard? How did the fixed-rate deposit insurance program of the FDIC contribute to the moral hazard problem of the savings association industry? What other changes in the savings association environment during the 1980s encouraged the developing instability of that industry?
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Financial Institutions Management A Risk Management Approach
ISBN: 9780077211332
6th Edition
Authors: Anthony Saunders, Marcia Cornett
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