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valputin valputin
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8 years ago
"Bureaucratic gambling" refers to
A) the risk that regulators took in going to Congress to ask for additional funds.
B) the strategy adopted by thrift regulators of lowering capital requirements and pursuing regulatory forbearance in the 1980s in the hope that conditions in the S&L industry would improve.
C) the strategy of thrift managers that they would not be audited by thrift regulators in the 1980s due to the relatively weak bureaucratic power of thrift regulators.
D) the risk that thrift regulators took in publicizing the plight of the S&L industry in the early 1980s.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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valputin Author
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8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
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8 years ago
@valputin,

Happy to help Slight Smile
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