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:
“And he smiled a kind of sickly smile, and curled up on the floor, And the subsequent proceedings interested him no more.”
—Francis Bret Harte (1836–1902)
“Genius is present in every age, but the men carrying it within them remain benumbed unless extraordinary events occur to heat up and melt the mass so that it flows forth.”
—Denis Diderot (1713–1784)