What was the savings and loan crisis in the late twentieth century was caused by partically?

The savings and loan crisis of the late twentieth century was primarily caused by a combination of deregulation, risky investment practices, and economic factors such as rising interest rates. Deregulation in the 1980s allowed savings and loan institutions to engage in high-risk activities, leading to significant losses. Additionally, many institutions faced insolvency as they could not manage the disparity between short-term deposits and long-term loans, resulting in widespread failures and a costly government bailout.