What Was the Savings & Loan Crisis? How Did It Affect Investors?


What Was the Savings & Loan Crisis?

In the 1980s, there was a financial crisis in the United States that stemmed from skyrocketing inflation as well as the rise of high-yield debt instruments, called junk bonds, which resulted in the failure of more than half of the nation’s Savings & Loans institutions (S&Ls).

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