Replies to post #222069 on Tornado Alley (PROG)

[BullNBear52]

I think we'll have to disagree.

Your link,

The deregulation of S&Ls in 1980, by the Depository Institutions Deregulation and Monetary Control Act signed by President Carter on March 31, 1980, gave them many of the capabilities of banks, without the same regulations as banks.

http://en.wikipedia.org/wiki/Savings_and_loan_crisis

As I said, Carter started it and Reagan finished it off.