The Savings and Loan (S&L) crisis of the 1980s is widely considered to be one of the largest financial scandals in U

The Savings and Loan (S&L) crisis of the 1980s is widely considered to be one of the largest financial scandals in U.S. history. Between 1986 and 1995, nearly one in three S&Ls in the United States went bankrupt. The total cost of these failures has been estimated to be over $160 billion, much paid for by U.S. taxpayers in bailouts considered necessary to keep the entire economy from going into a second great depression.
 

Research the S&L crisis and write a well-designed research report on the event. Your report should document the crisis from beginning to end, in particular noting the role that interest rate risk (as you learned about that topic in your textbook readings this week) played in the crisis. Be sure to also discuss how the crisis changed regulation of the industry and actually paved the way for the financial service industry consolidation that we see today.