Word: fslic
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Dates: during 1990-1999
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...Loan Insurance Corporation was desperate. Losses at the federally insured thrifts whose deposits it guaranteed were running out of control. But neither Congress nor the Reagan-Bush White House was willing in the midst of an election to force an up-front resolution. Danny M. Wall, who oversaw the FSLIC, sought investors from outside the S&L business to pump new capital into the failures but by September had made just 35 deals...