Journal Article

The cost of buying time: lessons from the thrift debacle


Abstract: An argument that capital forbearance for thrifts in the 1980s was at best a misguided policy whose costs will have long-term consequences for the health of both the nation's depositories and the overall economy.

Keywords: Savings and loan associations;

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Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1993

Issue: Jan

Order Number: 1