Bankers Would Displace Savings, Loan Industry
Wolfe, Lou Anne, THE JOURNAL RECORD
The Oklahoma Bankers Association on Wednesday released its recommendation for solving the crisis in the Federal Savings and Loan Insurance Corp., which backs deposits in the nation's savings and loan industry.
The plan said the commercial banking industry must take the lead in assuming the role of financing the nation's housing demand, and the savings and loan industry as it now exists would be eliminated.
"I think it's viewed by many as an opportunity to perhaps liquidate what's perceived to be some very viable competition from the marketplace," said Mike Toalson, president of the Oklahoma League of Savings Institutions.
Central to the plan would …
The rest of this article is only available to active members of Questia
Sign up now for a free, 1-day trial and receive full access to:
- Questia's entire collection
- Automatic bibliography creation
- More helpful research tools like notes, citations, and highlights
- Ad-free environment
Already a member? Log in now.
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information:
Article title: Bankers Would Displace Savings, Loan Industry.
Contributors: Wolfe, Lou Anne - Author.
Newspaper title: THE JOURNAL RECORD.
Publication date: December 22, 1988.
Page number: Not available.
© 2009 THE JOURNAL RECORD.
Provided by ProQuest LLC. All Rights Reserved.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
One moment ...
- Georgia
- Arial
- Times New Roman
- Verdana
- Courier/monospaced
Reset