Savings and Loan Crisis of the 1980s

GPTKB entity

Predicate	Object
gptkbp:instanceOf	economic crisis
gptkbp:alsoKnownAs	gptkb:S&L_crisis
gptkbp:cause	gptkb:fraud deregulation of savings and loan associations real estate bubble risky lending practices
gptkbp:country	gptkb:United_States
gptkbp:effect	failure of over 1,000 savings and loan associations cost to taxpayers over $100 billion reform of banking regulations creation of the Resolution Trust Corporation
gptkbp:endDate	1995
https://www.w3.org/2000/01/rdf-schema#label	Savings and Loan Crisis of the 1980s
gptkbp:impact	increased regulation of banking industry loss of public trust in financial institutions recession in early 1990s
gptkbp:mediaCoverage	extensive national media coverage
gptkbp:notableCase	gptkb:Financial_Institutions_Reform,_Recovery,_and_Enforcement_Act_of_1989 gptkb:Garn–St._Germain_Depository_Institutions_Act_of_1982 gptkb:Depository_Institutions_Deregulation_and_Monetary_Control_Act_of_1980
gptkbp:notableOrganization	gptkb:Federal_Savings_and_Loan_Insurance_Corporation gptkb:Resolution_Trust_Corporation
gptkbp:notablePerson	gptkb:Neil_Bush gptkb:Charles_Keating gptkb:Edwin_J._Gray
gptkbp:relatedEvent	gptkb:Keating_Five_scandal collapse of Lincoln Savings and Loan Association Savings and loan debacle collapse of Silverado Savings and Loan
gptkbp:startDate	1980
gptkbp:bfsParent	gptkb:savings_and_loan_association
gptkbp:bfsLayer	7