Advertisement
YOU ARE HERE: LAT HomeCollectionsSavings And Loans United States
IN THE NEWS

Savings And Loans United States

FEATURED ARTICLES
NEWS
January 9, 1989 | TOM FURLONG, Times Staff Writer
The escalating cost of the nation's savings and loan rescues, which now stands at nearly $39 billion, is but a rough guess that may surge dramatically in the years ahead if the economy worsens, banking experts warn. Marked rises in interest rates, or a further deterioration of oil-dependent areas like Texas, could balloon these bailout costs for the Federal Home Loan Bank Board and its insurance arm, the Federal Savings and Loan Insurance Corp.
ARTICLES BY DATE
NEWS
January 9, 1989 | TOM FURLONG, Times Staff Writer
The escalating cost of the nation's savings and loan rescues, which now stands at nearly $39 billion, is but a rough guess that may surge dramatically in the years ahead if the economy worsens, banking experts warn. Marked rises in interest rates, or a further deterioration of oil-dependent areas like Texas, could balloon these bailout costs for the Federal Home Loan Bank Board and its insurance arm, the Federal Savings and Loan Insurance Corp.
Los Angeles Times Articles
|