The Idea That Private Deposit Insurance Can Do a Better

The idea that private deposit insurance can do a better job than a federal deposit insurance is

A) that the private sector is always better at dealing with competition than a public sector.
B) A program in which banks co-insure and monitor each other has better incentives for banks to avoid excessive risks.
C) that the banking industry should never have been regulated in the first place and since deposit insurance is already in place, it would be politically dangerous to not have a deposit insurance system.
D) that the private sector has a higher capacity to absorb losses in the banking industry than the government.
E) all of the above