relationship between high interest rates of the 70s and S&L crisis? (user search)
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  relationship between high interest rates of the 70s and S&L crisis? (search mode)
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Author Topic: relationship between high interest rates of the 70s and S&L crisis?  (Read 1032 times)
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Miamiu1027
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Posts: 36,562
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« on: February 28, 2012, 04:40:28 AM »
was there a significant connection?  surely it seems problematic that banks would have had to pay high interest rates on deposits while having mortgages locked in at low rates of return from before the rate explosion... I know they then dumped the bad mortgages at a loss to recapitalize
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