Deliverance for California's suffering small thrifts might be at hand in the form of a crowd of ready buyers waiting for Congress to act on thrift deposit insurance.

A rush on the Golden State's 51 savings and loans with less than $500 million in assets is just around the corner, according to one analyst. All that's holding up a flurry of acquisitions is the status of the Savings Association Insurance Fund, currently being debated by Congress.

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