1.Many US banks and savings institutions that failed in the 1980s had made loans to oil companies...
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1.Many US banks and savings institutions that failed in the 1980s had made loans to oil companies in Louisiana, Texas and Oklahoma. When oil prices fell, these companies, the three state economies and the banks and savings institutions in these states all experienced financial problems. What types of risk were inherent in the loans that were made by these banks and savings institutions? LO 4.3
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Financial Institutions Management A Risk Management
ISBN: 9781743073551
4th Edition
Authors: Helen Lange, Anthony Saunders, Marcia Millon Cornett
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