184k views
3 votes
What happened after reagan administration loosened regulations on savings and loans institutions

User Randheer
by
8.0k points

1 Answer

6 votes

Answer: After the Reagan administration loosened regulations on savings and loan institutions, Many S&Ls made bad loans and went bankrupt.

Bad loans and poor and risky practices were some of the effects that caused the regulations on savings and loan A good number of institutions had become engaged in risky lending practices and investments. Then the government would have to engage in bailouts as well as tighter regulations because they did not want to have an issue that is of the nature in the future

Explanation: YIPPPEE

User MZHm
by
7.9k points