Nov 142017
The Center for Financial Policy was honored to host FDIC Chairman Martin Gruenberg on November 3, 2017 in College Park for a talk to faculty and students on the financial crisis and its aftermath.
“I thought the ‘Thrift Crisis’ (1980-90 Savings and Loan Crisis) would be the most severe crisis I would encounter. It resulted in the failure of nearly a third of its industry and cost taxpayers nearly $140 billion to make good on the failed institutions,” he said. “But as it turned out it was a relatively a small hors d’oeuvre compared to what we went through in 2008 and 2009.” — Chairman Martin Gruenberg
Read the full story:
https://www.rhsmith.umd.edu/news/fdic-chairman-gives-context-2008-financial-crisis
Sorry, the comment form is closed at this time.