BANKING & FINANCE - Oct. 27, 1992

Record Thrift Profits Forecast: The nation’s top thrift regulator predicted that the savings and loan industry will have record profits this year. Timothy Ryan, director of the Office of Thrift Supervision, said 2,000 thrifts with assets of about $900 billion remain in business three years after the beginning of the government’s bailout program. “Ninety-six percent of them are profitable,” he said at a seminar in Washington. “The first two quarters were very, very good, and what we’ve seen for the third quarter looks equally as good.”