In May 1991,the FDIC Announced That It Would Sell the Government's

Multiple Choice

In May 1991,the FDIC announced that it would sell the government's final 26% stake in Continental Illinois,ending government ownership of the bank that it had rescued in 1984. The FDIC took control of the bank,rather than liquidate it,because it believed that Continental Illinois

A) was a good investment opportunity for the government.
B) could be the Chicago branch of a new governmentally-owned interstate banking system.
C) was too big to fail.
D) would become the center of the new midwest region central bank system.