How Did Several Banks Try to Trick Bank Commissioners into Convincing

question 27

Multiple Choice

How did several banks try to trick bank commissioners into convincing them of their sufficient reserves?

• A) by "cooking the books."
• B) by closing their doors, insisting on the state's bank holiday.
• C) by moving the same specie reserve from one bank to another with a speedy sleigh.
• D) by counterfeiting their own specie reserves.
• E) All of the above.

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