Which of the following is incorrect concerning the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
A) the legislation sharply reduced the lending power of thrifts
B) the legislation created the Office of Thrift Supervision
C) the legislation mandated risk based deposit insurance premium
D) the legislation increased the capital requirement for thrifts.
Correct Answer:
Verified
Q32: Among the restrictions that were placed on
Q33: Which of the following is not part
Q34: Net worth certificates
A) are the same as
Q35: The depository Institutions Deregulation and Monetary Control
Q36: The Garn-St Germain Depository Institutions Act of
Q38: The Financial Institutions Reform, Recovery, and Enforcement
Q39: The Federal Deposit Insurance Corporation Improvement Act
Q40: Which of the following was not included
Q41: Under FDICIA (1991) a bank becomes critically
Q42: The Omnibus Budget Reconciliation Act of 1993
A)
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