Word: l
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Dates: during 1980-1989
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...Most regulatory actions taken so far...will sharply increase costs to the general public," the report said. S&L regulators' practice of guaranteeing new owners of rescued S&Ls against losses for up to 10 years weakens the incentive to manage efficiently, it said...
...hearing of the House committee, Wylie said, "Curtailing deposit insurance is not an option and will not be considered" as part of the S&L plan being developed by Treasury Secretary Nicholas F. Brady, who is staying on in the Bush administration...
...Henry B. Gonzalez (D-Tex.), chairman of the committee, did say a gradual reduction in deposit insurance may be considered as part of solving the S&L crisis. But he also said such a proposal "is a very serious matter, not a matter to be thrown out as a trial balloon...
News Editor for This Issue: Julie L. Belcove '89 Night Editors: David J. Barron '89 Noam S. Cohen '89 Cara M. Familian '92 Ross G. Forman '90 Melissa R. Hart '91 Matthew M. Hoffman '91 Joseph R. Palmore '91 Features Editor: Martha A. Bridegam '89 Editorial Editor: Laurie M. Grossman '89 Photography Editor: Rebekah C. Seaton '91 Sports Editors: Colin F. Boyle '90 Julio R. Varela '90 Copy Editor: Andrew D. Cohen...
WORLDWIDE PUBLISHER: Robert L. Miller...