Question

As it turned out, deregulating the savings and loan industry was a bad thing. Why was this true?

A.) There were not enough consumers willing to invest in them..
B.) They engaged in risky investments, which caused many of them to collapse.
C.) Savings and loan leaders were found to be dishonest and corrupt.
D.) There was not enough money in the Federal treasury to help them out.

Answer 1

B.) They engaged in risky investments, which caused many of them to collapse.

Step-by-step explanation:

Answer 2

Answer: They engaged in risky investments, which caused many of the to collapse

The deregulation of savings and the loan industry is perceived to be a bad thing because savings and loans are already risky investments in the first place. Therefore, extra and supporting regulations are necessary.