The correct answer is the option A) Federal Deposit Insurance Corporation Improvement Act
Federal Deposit Insurance Corporation Improvement Act, abbreviated and popularly know as, FDICIA, was enacted way back in 1991 and it prescribed that early federal intervention must be there when a bank starts showing sign of failing.
15) Theintroduced the prompt corrective action policy that requires federal intervention when a bank's capital falls...
Area Act Date Description Telecommunications Telecommunications Deregulation and Competition Act of 1996—an update to Communications Act of 1934 (47 USC 151 et seq.) 1934 Regulates interstate and foreign telecommunications (amended in 1996 and 2001) Civil legal evidence Federal Rules for Civil Procedure (FRCP) 1938 As updated in 2006, specifies requirements for the storage, protection, and surrender of discoverable electronic data as used in federal civil proceedings Freedom of information Freedom of Information Act (FOIA) 1966 Allows for disclosure of previously...
1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back. 2. Since 2008, when the monetary base was about $800 billion,...