The Savings and Loan crisis of the early 1980s was kicked off by rising interest rates that simultaneously made the assets (mainly mortgages) they already held

The Savings and Loan crisis of the early 1980s was kicked off by rising interest rates that simultaneously made the assets (mainly mortgages) they already held not as profitable and also made their depositors want to pull their money to get a better rate on their savings accounts. This also led to some of the S&L’s betting more on riskier loans and assets, hoping to make it all back later. https://www.federalreservehistory.org/essays/savings-and-loan-crisis https://www.federalreservehistory.org/essays/savings-and-loa...