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HOW LARGE IS THE FEDERAL FINANCIAL SAFETY NET?
Federal Deposit Insurance Corporation FEDERAL FINANCIAL SAFETY NET
2008/11/10
In the 1980s and early 1990s, U.S. taxpayers paid $130 billion to
make good on the federal government’s guarantee to protect depositors
in thrift institutions (U.S. GAO 1996: 14). The crisis affecti...