Financial crisis of 2007–2008 - Law the Garn–St. Germain Depository Institutions Act

Time: Oct, 1982

Place: U.S.

Details: In October 1982, US President Ronald Reagan signed into , which provided for adjustable-rate mortgage loans, began the process of banking deregulation, and contributed to the savings and loan crisis of the late 1980s/early 1990s.

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