PROBLEMS OF THE FSLIC: A FORMER POLICY MAKER'S VIEW

Lawrence White

Contemporary Economic Policy, 1990, vol. 8, issue 2, 62-81

Abstract: The massive insolvency of the Federal Savings and Loan Insurance Corporation has created a public policy crisis of major proportions. This paper provides a framework for understanding the basic problems of deposit insurance, explores the origins of the current crisis, describes the regulatory response, and discusses the fundamental reforms that still must be undertaken.

Date: 1990
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