Financial Issues: Information on FSLIC Notes and Assistance Agreements

AFMD-89-54FS Published: Feb 27, 1989. Publicly Released: Mar 10, 1989.

Highlights

In response to a congressional request, GAO examined the Federal Savings and Loan Insurance Corporation's (FSLIC) use of promissory notes and assistance guarantees to restructure savings and loan institutions' problems, focusing on congressional concerns over note and guarantee issuances.

Full Report

Full Report (12 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Financial Markets and Institutions

Bank managementBudget deficitBusiness assistanceCapitalDeficit reductionFinancial disclosureInsured commercial banksInteragency relationsSavings and loan associationsWarranties