Savings and Loan Crisis

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf economic crisis
gptkbp:cause gptkb:fraud
deregulation of savings and loan associations
real estate speculation
risky lending practices
gptkbp:consequence stricter banking regulations in the US
gptkbp:effect failure of over 1,000 savings and loan associations
cost to taxpayers over $100 billion
creation of Resolution Trust Corporation
gptkbp:endDate early 1990s
https://www.w3.org/2000/01/rdf-schema#label Savings and Loan Crisis
gptkbp:industry banking
real estate
gptkbp:location gptkb:United_States
gptkbp:notableEvent collapse of Lincoln Savings and Loan Association
gptkbp:notablePerson gptkb:Charles_Keating
gptkb:Edwin_J._Gray
gptkbp:relatedTo gptkb:Financial_Institutions_Reform,_Recovery,_and_Enforcement_Act_of_1989
gptkb:Federal_Savings_and_Loan_Insurance_Corporation
gptkb:Keating_Five
gptkbp:startDate 1980s
gptkbp:bfsParent gptkb:Resolution_Trust_Corporation
gptkbp:bfsLayer 5