Financial Institutions Markets and Money
Quiz 16: Thrift Institutions and Finance Companies
"Mutual" Institutions Are Owned by Their Depositors
"Mutual" institutions are owned by their depositors.
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S&Ls were originally established to take advantage of a tax loophole.
Federal Home Loan Banks are among the regulators of savings institutions.
"Negative maturity GAP" S&Ls may actually profit in a recession.
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