CLIPBOARD : Savings and Loan Score Card
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Here’s the number of Orange County-based savings and loan institutions seized by federal regulators and the estimated resolution costs:
Number Estimated of S&Ls; Resolution Year Seized Cost ** 1985 2 $1,264 1986 3 917 1987 6 602.6 1988 1 1,700 1989 3 *** 4.96 1990 4 96.65 1991 * 3 Yet to be determined
**The estimated resolution cost is the amount paid by the federal government to either sell or liquidate an ailing thrift; amounts listed in millions of dollars.
***Estimated resolution cost for 1989 does not include the failed Lincoln Savings & Loan. Preliminary estimates by regulators put the bailout cost for Lincoln at more than $2 billion.
* As of Jan. 31
Source: Resolution Trust Corp.
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