Part I of this study of the post-FIRREA legislative history of the Resolution Trust Corporation (RTC) appeared in the previous issue of the Banking Review. It focused on the period immediately after the RTC’s creation in August 1989 through 1990, examining congressional discussion and debate about the RTC’s management, operations, and working capital funding. Part II, which focuses on the period 1991–1993, examines the passage of three statutes that affected the RTC’s loss funding, management structure, and operations and completes the legislative history of the RTC.
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Sheila C. Bair
Director, Division of Insurance
Arthur J. Murton
Christine E. Blair
Valentine V. Craig
Rose M. Kushmeider