SAT, 24.05.2020 04:59 jonathanmagana112002
PLS HURRY IN A TESTT
During the 2008 financial crisis and the bailouts that followed, the government was unwilling to let the biggest banks fail, for fear of upending the financial system. As part of the overhaul, Congress created a process to shut down financial companies whose failure could threaten the system.
Most players agree that this is a good idea, despite some differences on the details.
The Federal Deposit Insurance Corp., the agency responsible for closing smaller banks that falter, has taken the lead on writing rules to shut down big firms. Most observers believe that the FDIC, under acting chairman Martin Gruenberg, is on track toward creating a system that markets would trust to close a big bank.
Banks have been working with regulators to create "living wills" detailing how they would wind themselves down without disrupting markets. This exercise has forced them to look more deeply at their operations—a defense against the accusation that banks have grown "too big to manage."
—From The Associated Press, "How will JPMorgan's $2B loss affect banking rules?" May 15, 2012
Which statement from the passage best shows how the Federal Deposit Insurance Corporation (FDIC) carries out the responsibilities of the federal government?
Congress created a process to shut down financial companies whose failure could threaten the system.
Banks have been working with regulators to create "living wills" detailing how they would wind themselves down without disrupting markets.
The FDIC, the agency responsible for closing smaller banks that falter, has taken the lead on writing rules to shut down big firms.
This exercise has forced them to look more deeply at their operations—a defense against the accusation that banks have grown "too big to manage."
Answers: 1
SAT, 22.06.2019 21:00
Saul's excuse for his disobedience was: 1. he saved the sheep and oxen to feed the nation of israel. 2. the people spared the sheep and oxen to give as a sacrifice to the lord. 3. he didn't hear samuel's instructions to completely destroy the amalekites. 4. he wanted to show mercy to agag, the king of the amalekites.
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SAT, 25.06.2019 06:00
You are getting ready to transport troops in a m1152 configured with cargo cover and troop seats which of the following should you do before starting out
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PLS HURRY IN A TESTT
During the 2008 financial crisis and the bailouts that followed, the gove...
During the 2008 financial crisis and the bailouts that followed, the gove...
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