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The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989

Question 28

Multiple Choice

The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989 did which of the following?


A) expanded the assets savings and loan associations could acquire
B) created a new federal regulatory structure for the savings and loan industry
C) reduced savings and loan associations required capital
D) All of the above are correct.

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