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The 1980s S&L crisis led to institutional collapses and a $300B bailout. Key reforms followed: FSLIC was replaced by FDIC, RTC and OTS were created, and the financial system was restructured.
The 1980s S&L crisis led to institutional collapses and a $300B bailout. Key reforms followed: FSLIC was replaced by FDIC, RTC and OTS were created, and the financial system was restructured.