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  • Banks and Banking
    The Federal Deposit Insurance Corporation (FDIC) was established in 1933 in response to the financial ruin millions of Americans faced when the mass-scale bank failures that accompanied the Great...

    Asked by sj83 on via web

    1 educator answer.

  • Banks and Banking
    With 59 of its banks currently on the Federal Deposit Insurance Corporation's Failed Bank List, Illinois is certainly well-represented in the category of bank failures. While other states,...

    Asked by sj83 on via web

    1 educator answer.

  • Social Sciences
    The FDIC is the Federal Deposit Insurance Corporation. It is a governmental agency. There cannot be an example of a governmental agency. All there can be is an example of what that agency does....

    Asked by checkyyy on via web

    1 educator answer.

  • Federal Deposit Insurance Corporation (FDIC)
    The FDIC does not exactly take over failed banks. That is, it does not start to run such a bank on a permanent basis. Instead, it takes on the role of "receiver" for that bank. When a bank...

    Asked by kisstopher603 on via web

    1 educator answer.

  • Federal Deposit Insurance Corporation (FDIC)
    The Federal Deposit Insurance Corporation (FDIC) was created as part of the New Deal following the Great Depression. The purpose of the FDIC was to ensure that people would not lose the money they...

    Asked by kisstopher603 on via web

    2 educator answers.