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Journal Article

FSLIC forbearances to stockholders and the value of savings and loan shares


Abstract: 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.

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Review

Publication Date: 1987

Issue: Q III

Pages: 26-35