“Crashes and Crises: Lessons from a History of Financial Disasters” S:1 E:12 The Savings and Loan Crisis

S:1 E:12 The Savings and Loan Crisis Wade into the quagmire that trapped savings and loan institutions in the 1980s and ’90s. Once a thriving, if low-profit, source of home mortgages, the industry fell victim to a combination of high interest rates, well-intentioned government deregulation, and a wave of predatory, unscrupulous managers. The ensuing debacle left the American taxpayer with a bill of $160 billion in 1995 dollars.