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FSLIC Forbearances to Stockholders and the Value of Savings and Loan Shares

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An investigation of the value of FSLIC forbearances to the stockholders of insolvent stock-chartered thrift institutions, concluding that these forbearances increase the stock-market value of thrift institutions.


Suggested citation: Thomson, James “FSLIC Forbearances to Stockholders and the Value of Savings and Loan Shares,” Federal Reserve Bank of Cleveland, Economic Review, vol. 23, no. 3, pp. 26-34, 07.01.1987.

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