The Savings & Loan crisis Which of the following acts reduced the amount of regulation over the Savings & Loan or thrift industry? Regulation Q of the 1930s The Depository Institutions Deregulation Monetary Control Act of 1980 (DIDMCA) The Garn-St. Germain Act of 1982 How does the saying "Heads I win, tails the government loses" apply to the Savings & Loan crisis? In cases of successful loans, Savings & Loans collect profits and share them with depositors through high interest rates on deposits. In cases of multiple loan defaults that cause a Savings & Loan to fail, depositors can turn to the government, which insures deposits through the Federal Deposit Insurance Corporation