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・ Old Country Road
・ Old Country Road (disambiguation)
・ Old Country Rose
・ Old County Courthouse
・ Old County Ground
・ Old County Ground, Brentwood
・ Old County Road South Historic District
・ Old Course at St Andrews
・ Old Course Saco River
・ Old Court
・ Old Court (Baltimore Metro Subway station)
・ Old Court House (Hancock County, West Virginia)
・ Old Court House Recreation Ground
・ Old Court House, Perth
・ Old Court Road
Old Court Savings and Loans
・ Old Court – New Court controversy
・ Old Courthouse
・ Old Courthouse (Buena Vista, Virginia)
・ Old Courthouse (Newberry, South Carolina)
・ Old Courthouse (St. Louis)
・ Old Courthouse Museum – Natchitoches
・ Old Courts Commercial Complex, Hisar
・ Old Covenant (Iceland)
・ Old Covered Bridge
・ Old Cow vs Tender Grass
・ Old Cowtown Museum
・ Old Coyote Town
・ Old Craven Park
・ Old Cremorne ferry wharf


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Old Court Savings and Loans : ウィキペディア英語版
Old Court Savings and Loans
Old Court Savings and Loan (Old Court Thrift Savings) was a savings and loan association headquartered in Pikesville, Maryland, United States, that failed due to embezzlement by its president Jeffrey Levitt, which led to the failure of the state deposit insurance corporation.
==Collapse of state deposit insurance corporation==
In 1962 Maryland established a quasi-public non-profit corporation, the Maryland Savings-Share Insurance Corporation (MSSIC), to insure accounts held in state chartered savings and loan associations. In May 1985, rumors of financial instability at two thrifts, Old Court and Merritt Commercial Savings and Loan. Old Court had recently grown from $86 million in deposits to $839 million in only three years by offering high deposit interest rates, allowing it to make risky loans. Merritt was considered to be at risk as a result of loans made to a failed repo company. The rumours led to depositors questioning whether MSSIC was financially able to guarantee all of the deposits, resulting in a run on all state savings and loan associations. This led to the withdrawal of deposits, the failure of Old Court and the subsequent collapse of MSSIC. To temporarily protect other state savings and loan associations, Governor Harry Hughes issued an executive order limiting withdrawals to $1000 per month.〔 The Maryland General Assembly during two special sessions in 1985 established the Maryland Deposit Insurance Fund (MDIF) to replace the MSSIC.〔

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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