This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window
Open in New Tab
Open in same window
Journal of Economic Perspectives: Vol. 3 No. 4 (Fall 1989)
JEP Volume. 3, Issue 4 | 
Previous ArticleNext Article
Sign up for Email Alerts Follow us on Twitter
Full-text Article (Complimentary)
View Comments on This Article (0) | Login to post a comment
Previous ArticleNext Article
Expand
Quick Tools:
Print Article Summary Email Link to this Article Export CitationSign up for Email Alerts Follow us on Twitter
Explore:
Symposium on Federal Deposit Insurance for S&L Institutions
Article Citation
Jaffee, Dwight M. 1989. "Symposium on Federal Deposit Insurance for S&L Institutions."
Journal of Economic Perspectives,
3(4): 3-9.
DOI: 10.1257/jep.3.4.3
DOI: 10.1257/jep.3.4.3
Abstract
Federal deposit insurance was introduced to eliminate the bank runs of the Great Depression: the FDIC (Federal Deposit Insurance Corporation) was created in 1933 to insure commercial bank deposits, and the FSLIC (Federal Savings and Loan Insurance Corporation) was created in 1934 to insure savings and loan association (S&L) deposits. Following a decade of neglect, the Bush administration and Congress moved early in 1989 to resolve the most serious problems yet to confront federal insurance of U.S. bank deposits. How did S&L losses expand so rapidly and unexpectedly? How should FSLIC be redesigned to avoid a reoccurance? Who is going to pay for the existing FSLIC losses? What are the future prospects for the S&L industry?
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Jaffee, Dwight M. (Princeton)
JEL Classifications
311: Domestic Monetary Policy, Including All Central Banking Topics
314: Financial Intermediaries
314: Financial Intermediaries
Comments
View Comments on This Article (0) | Login to post a comment
