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FDIC Banking Review

2006 Volume 18, No. 3

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The Resolution Trust Corporation and Congress, 1989-1993 Part II: 1991-1993 | PDF File (218k)
by Lee Davison


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.




The views expressed are those of the authors and do not necessarily reflect official positions of the Federal Deposit Insurance Corporation. Articles may be reprinted or abstracted if the FDIC Banking Review and author(s) are credited. Please provide the FDIC's Division of Insurance and Research with a copy of any publications containing reprinted material.

Single-copy subscriptions are available to the public free of charge. Requests for subscriptions, back issues or address changes should be mailed to FDIC Banking Review, Public Information Center, 801 17th Street, N.W., Washington, DC 20434.

Chairman Sheila C. Bair
Director, Division of Insurance and Research Arthur J. Murton
Deputy Director Donald Inscoe
Managing Editor Jack Reidhill
Editorial Committee Christine E. Blair
Valentine V. Craig
Rose M. Kushmeider
Publication Manager Geri Bonebrake



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