P.M. BRIEFING : 192 More Thrifts on Bailout List
Federal regulators today approved a plan under which about 192 insolvent savings and loan institutions with total assets of $119 billion would be sold or liquidated by the end of March, 1991.
The action is part of a six-month operating plan for the Resolution Trust Corp., established to oversee the bailout of the devastated thrift industry.
Officials of the RTC board supervising corporation activities, which approved the plan, said this would bring to about 479 the number of thrifts whose problems have been resolved by liquidation or other actions since August, 1989. They noted, however, that the action cannot be carried out unless it receives full appropriations from Congress.
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