Body found in Allegheny River near Clemente Bridge. Witnesses speak to Pittsburgh River Rescue after a body was found in the Allegheny River around 7:50 a.m. near the Roberto Clemente Bridge, on Tuesday, Sept. 30, 2014.
The question says, 'the primary purpose of federal deposit insurance corporation is ..... The correct option is D. Federal Deposit Insurance Corporation was established in 1933 to provide stability to the economy and the failing bank system. It guarantee a specific amount of savings for its member banks.
The Federal Deposit Insurance Corporation is a United States government corporation providing deposit insurance to depositors in US banks. The FDIC was created by the 1933 Banking Act during the Great Depression to restore trust in the American banking system; more than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US $2,500 per ownership category. Since the passage of the DoddâFrank Wall Street Reform and ...