FSLIC

1. Federal Savings and Loan Insurance Corporation.

Example Sentences

Danny M. Wall, who oversaw the FSLIC, sought investors from outside the S&L business to pump new capital into the failures but by September had made just 35 deals.

From Time Magazine Archive

Congress passed a law in 1987 prohibiting most federally insured S and Ls from abandoning the FSLIC, but Great Western's executives plan to circumvent the ban by merging with a Washington State savings bank that is already covered by the FDIC.

From Time Magazine Archive

The total cost to FSLIC: nearly $4 billion.

From Time Magazine Archive

The payout, which temporarily slashes the federal insurance fund's cash balance by 40%, to $1.9 billion, is likely to heighten the debate over the adequacy of the FSLIC's resources to deal with the troubled thrift industry.

From Time Magazine Archive

But most of the $1.35 billion payout will come from the FSLIC's reserve fund, which is largely composed of premiums collected from S and Ls.

From Time Magazine Archive