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The Following Table Shows the Market Value Balance Sheet of a Failed

question 98

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The following table shows the market value balance sheet of a failed bank ($ millions) :  Assets 400 Insured Deposits $200 Uninsured Deposits $400\begin{array} { | l | l | l | l | } \hline \text { Assets } & 400 & \text { Insured Deposits } & \$ 200 \\\hline & & \text { Uninsured Deposits } & \$ 400 \\\hline\end{array} If the insured depositor transfer resolution method is utilized, what is the cost to uninsured depositors of bank failure resolution?


Definitions:

Oral Will

An Oral Will, also known as a nuncupative will, is a will that has been spoken aloud in front of witnesses, rather than written down, valid only in certain jurisdictions.

Settlor

A person who creates a trust.

Residuary Clause

A provision in a will that assigns the remainder of the deceased's estate after specific gifts have been disbursed.

Uniform Anatomical Gifts Act (UAGA)

Legislation that facilitates the donation of organs and tissues for transplantation purposes.

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