Multiple Choice
The major provisions of the Competitive Equality Banking Act of 1987 include
A) expanding the responsibilities of the FDIC,which is now the sole administrator of the federal deposit insurance system.
B) the establishment of the Resolution Trust Corporation to manage and resolve insolvent thrifts placed in conservatorship or receivership.
C) directing the Federal Home Loan Bank Board to continue to pursue regulatory forbearance.
D) prompt corrective action when a bank gets in trouble.
Correct Answer:
Verified
Correct Answer:
Verified
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