U.S. Federal Home Loan Bank Board Chairman...
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U.S. Federal Home Loan Bank Board Chairman M. Danny Wall said it will cost billions to get the 104 insolvent and 44 troubled Texas savings and loans associations back on their feet. “We see the use of $6 billion to $7 billion in notes and cash in reconstructing and reconstituting savings and loans in Texas,” Wall told a financial analysts’ conference.
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