Makale özeti ve diğer detaylar.
The 2008 subprime mortgage crisis was caused by many of the same factors as the 1980s Savings and Loan crisis. There were numerous, concomitant, interrelated forces that caused these two crises. Just as the government did after the Savings and Loan crisis, they passed legislation to prevent a future crisis: the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Many of the items in this bill were also in the regulations passed after the Savings and Loan crisis. This article studies the similarities between the causes of the 1980s and 2008 crises and the resulting regulations – noting those actions that worked and those that did not.