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OpenStudy (anonymous):
the federal government responded to the savings and loan crisis by?
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OpenStudy (anonymous):
The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 is a United States federal law enacted in the wake of the savings and loan crisis of the 1980s. It established the Resolution Trust Corporation to close hundreds of insolvent thrifts and provided funds to pay out insurance to their depositors.
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