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Question
To address the decreasing balance of the FDIC deposit insurance fund during the financial crisis of 2007-2008
A. deposit insurance programs were suspended for a period of three months.
B. the FDIC increased individual depositor insurance coverage from $100,000 to $250,000.
C. the FDIC announced that it would no longer honor deposit insurance coverage of some failing DIs.
D. two special assessments were levied on institutions participating in the FDIC insurance programs.
E. the U.S. Treasury had to take over management of the FDIC.
Answer
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