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Question 3 1 pts What did the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989 result in? T
Posted: Wed Mar 09, 2022 8:45 am
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- Question 3 1 Pts What Did The Financial Institutions Reform Recovery And Enforcement Act Firrea Of 1989 Result In T 1 (54.38 KiB) Viewed 40 times
Question 3 1 pts What did the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989 result in? The creation of Deposit Insurance Fund The creation of Federal Savings and Loan Insurance Corporation The creation of Saving Association Insurance Fund The restructure of Bank Insurance Fund
Question 4 1 pts What did the McCarran-Ferguson Act do? It stated that the state insurance commissioners charter and examine insurance companies. It allowed commercial banks, investment banks and insurance companies to exist as subsidiaries under one financial holding
company. It created the Federal Insurance Office that reports to Congress and the President on the insurance industry. It created The Financial Stability Oversight Council (FSOC) responsible for identifying institutions that present a systemic risk to the U.S. economy.