By the end of the decade, large numbers of S&Ls had tumbled into insolvency; about half of the S&Ls that had been in business in 1970 no longer existed in 1989.

 
  • 到了80年代末,许多储贷社无力清偿债务,1970年仍在正常营业的储贷社到了1989年时已有半数不复存在。
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