Search results
Results from the WOW.Com Content Network
Vernon Savings and Loan (Dallas, TX), led by Don Dixon, which on resolution had 94 percent of loans non-performing; and; Columbia Savings and Loan (Beverly Hills, CA), led by Thomas Spiegel, was closed in January 1991 at the cost of $3.25 billion. [87] Especially publicized was the insolvency of Lincoln Savings and Loan Association, led by ...
Gibraltar Savings Association was a Houston, Texas based savings and loan. Its failure in 1988 and resolution was one of the most expensive in the savings and loan crisis at an estimated cost of $2.875 billion.
Sunbelt Savings Irving: Texas: 1991 $6.0 billion $13 billion Western Savings and Loan: Phoenix: Arizona: 1989 $5.7 billion $14 billion Columbia Savings & Loan Assn. Beverly Hills: California: 1991 $5.4 billion $12 billion Lincoln Savings and Loan Association: Irvine: California: 1989 $4.9 billion $12 billion California National Bank: Los ...
Local lenders thrived alongside the oil and gas industry in the 1970s and early 1980s, but Texas then became one of the hardest-hit areas in the country during the savings and loan crisis that ...
While most of us were alive 20 years ago, peoples' memories of the savings and loan crisis of the early 1990s have faded. But more than 1,000 so-called savings & loans -- banks specifically set up ...
The savings and loan crisis of the 1980s had many causes, and like most financial meltdowns, it also had many attempted solutions. One of the earliest attempted solutions for this bubbling.
Downey Savings and Loan US Bancorp: Savings and loan association [47] [48] November 2008: London Scottish Bank: Bank [49] January 10, 2009: IndyMac: IMB Management Holdings: Savings and loan association $ 1.39 × 10 ^ 10 [50] January 15, 2009: Anglo Irish Bank: Government of Ireland: Bank [51] February 3, 2009: BTA Bank: Government of ...
Many closed their doors during the savings and loan crisis of the 1980s and 1990s: Inflation and competition from other lenders made some insolvent, while unscrupulous practices by other players ...