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Question
What was the objective of the FDIC Improvement Act (FDICIA) of 1991?
A. Returning the banking industry to record profit levels.
B. Restructure the savings association deposit insurance fund and transfer its management to FDIC.
C. To deny deposit insurance coverage to funds obtained through deposit brokers.
D. To restructure the bank deposit insurance fund and prevent its potential insolvency.
E. To enforce the capital standards on insured depository institutions.
Answer
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Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
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D. initiated a national insurance guaranty fund.
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A. the expected payment commitment on existing policy contracts.
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A. Position trading.
B. Pure arbitrage.
C. Liquidity trading.
D. Risk arbitrage trading.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
C. is a subsidiary of a nonfinancial corporation.
D. provides debt funding to only to established corporations.
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A. Purchase of existing securities.
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