The FDIC can take over a private bank by
A) purchasing the bank directly from its owner.
B) purchasing preferred stock in the bank to keep the bank afloat while a new owner is found.
C) stacking government employees on the bank's board of directors.
D) taking the bank's profits and giving them to depositors.
E) closing the bank and opening a shopping mall in that location.
Correct Answer:
Verified
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