To Address the Decreasing Balance of the FDIC Deposit Insurance

question 37

Multiple Choice

To address the decreasing balance of the FDIC deposit insurance fund during the financial crisis of 2007-2008

• A)deposit insurance programs were suspended for a period of three months.
• B)the FDIC increased individual depositor insurance coverage from $100,000 to $250,000.
• C)the FDIC announced that it would no longer honor deposit insurance coverage of some failing DIs.
• D)two special assessments were levied on institutions participating in the FDIC insurance programs.
• E)the U.S.Treasury had to take over management of the FDIC.

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