As it turned out, deregulating the savings and loan industry was a bad thing. Why was this true?

There were not enough consumers willing to invest in them.
They engaged in risky investments, which caused many of them to collapse.
Savings and loan leaders were found to be dishonest and corrupt.
There was not enough money in the Federal treasury to help them out.

Respuesta :

Hagrid
As it turned out, deregulating the savings and loan industry was a bad thing. This statement is true because they engaged in risky investments, which caused many of them to collapse. When people loan, the banking industry is taking risk of having the situation whether the one who loans will pay back in time or not.
Out of the following statements, the reason it is true that deregulating the savings and loan industry was a bad thing was because of the risky investments, that caused most of them to collapse.