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Which Act Was Chiefly Responsible for Bailing Out the S&L

Question 53

Multiple Choice

Which act was chiefly responsible for bailing out the S&L industry?


A) The Basel Accord of 1988
B) The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
C) The Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991
D) The Interstate Banking and Branching Efficiency Act (IBBEA) of 1994

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