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Savings and Loan Crisis: In 1982, 85% of the savings 8: loans were on the verge of Bankruptcy. Explain the fundamental reasons why this crisis

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Savings and Loan Crisis: In 1982, 85% of the savings 8: loans were on the verge of Bankruptcy. Explain the fundamental reasons why this crisis happened. Also explain the steps taken to address the crisis 8: prevent a collapse of the system; evaluate its effectiveness. [Book and Class Notes]

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