Question

The Competitive Equality in Banking Act of 1987
A)provided insufficient funds to the FSLIC to close down insolvent S&Ls.
B)actually directed S&L regulators to continue to pursue regulatory forbearance, further delaying the closing of insolvent S&Ls.
C)created a new agency, the Resolution Trust Corporation, to manage insolvent thrifts.
D)did all of the above.
E)did only A and B of the above.

Answer

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