A savings & loan institution, also called a thrift ... fewer than 700 remain today—and it’s estimated that the S&L crisis cost taxpayers as much as $160 billion. In order to combat inflation ...

(FDIC). Many closed their doors during the savings and loan crisis of the 1980s and 1990s: Inflation and competition from ...

The RISDIC crisis and the nationwide savings and loan crisis of the late 1980s were fueled by this frivolous lending practice. More recently, in the recession of 2008, massive foreclosures ...