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From the perspective of a Wall Street analyst or portfolio manager, interpret the following hypothetical statements: Deposit insurance actually fueled the S&L crisis because it
From the perspective of a Wall Street analyst or portfolio manager, interpret the following hypothetical statements:
- Deposit insurance actually fueled the S&L crisis because it allowed SIs to grow."
- "Thrift institutions are no longer sensitive to interest rate movements, even if their asset and liability structures have not changed."
- "Because of the FIRREA, another SI crisis is unlikely."
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