Each of the following was a reason for the financial collapse of many savings and loans during the 1980s and 1990s except: a. loan defaults b. high interest rates c. management fraud d. lax government regulations

The correct answer for the question that is being presented above is this one: "B. high interest rate." Each of the following was a reason for the financial collapse of many savings and loans during the 1980s and 1990s EXCEPT high interest rate.

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