Resource title

Resolution Trust Corporation (RTC)

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Resource description

The Resolution Trust Corporation (RTC) was a temporary federal agency established in 1989 to oversee the disposal of assets from failed savings and loan (S&L) institutions. It was created by Congress in the wake of the 1980s S&L crisis, in which hundreds of depository institutions slipped into insolvency due to unsound banking practices.

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Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Res-Sec/Resolution-Trust-Corporation-RTC.html

Resource license

Copyright © 2011 Advameg, Inc.