The agency that took over the bankrupt savings and loans.
That's how the new thrift bailout law solves the problem of bankrupt savings and loan institutions.
A Federal bailout of the bankrupt savings and loan later cost taxpayers $60 million.
Federal regulators sell off seven more bankrupt savings and loans at a loss of $2 billion.
Parochialism is the most charitable explanation for his campaign to prevent regulators from closing bankrupt savings and loans in his home state.
The bankrupt savings and loans are notorious for poor administrative procedures, sloppy paper work and even fraud.
When Congress was forced to bail out depositors at bankrupt savings and loans, it wisely borrowed the money.
To those Mr. Kaufman added the growing crisis of bankrupt savings and loan associations, which may cost taxpayers $100 billion in bailouts.
Because the Federal money freed by defense cuts would be gobbled up by the bailout of bankrupt saving and loan institutions.
Traditional accounting methods gave hundreds of bankrupt savings and loans the wiggle room to evade closure in the late 1980's.