Subsequent Events
The failure of the State Bank insurance systems of Maryland, Ohio, and Arizona presaged the national collapse of the Federal Savings and Loan Insurance Corporation. It also resulted in the Supreme Court case Tafflin v. Levitt regarding whether civil claims brought under the Racketeer Influenced and Corrupt Organizations Act could be heard in state court.
Read more about this topic: Old Court Savings And Loans
Famous quotes containing the words subsequent and/or events:
“... the outcome of the Clarence Thomas hearings and his subsequent appointment to the Supreme Court shows how misguided, narrow notions of racial solidarity that suppress dissent and critique can lead black folks to support individuals who will not protect their rights.”
—bell hooks (b. c. 1955)
“By many a legendary tale of violence and wrong, as well as by events which have passed before their eyes, these people have been taught to look upon white men with abhorrence.... I can sympathize with the spirit which prompts the Typee warrior to guard all the passes to his valley with the point of his levelled spear, and, standing upon the beach, with his back turned upon his green home, to hold at bay the intruding European.”
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